Retail Banking
Asia's private banks receive income boost as discretionary mandates mount
The set-up is more lucrative than a pay per trade basis.
Asia's private banks receive income boost as discretionary mandates mount
The set-up is more lucrative than a pay per trade basis.
Japan's megabanks hit the brakes on regional expansion
Sumitomo’s loans to Asia stayed flat at $82b as it shifted focus to the US.
Malaysia's Public Bank profit down 5.3% to $345.31m in Q4
Earnings were hit by sluggish loan growth and a decline in asset management income.
The Philippines greenlights bank merger
AllBank will absorb the assets and liabilities of Rural Bank of Plaridel.
Chinese commercial banks' profit up 4.72% to $273b in Q4
The sector’s bad loans ratio fell mildly to 1.83%.
UOB NIMs to widen by 3bps in FY19: analyst
The bank’s SGD loan-to-deposit ratio remains the highest amongst its peers.
UOB's profits up 18% to $2.96b in 2018
Total income for their Retail, Wholesale Banking and Global Markets also rose.
OCBC profit up 11% to $4.49b in FY18
Net interest income rose 9% to $5.81b.
Europe-based LGT unveils wealth management business in Thailand
LGT Securities will complement the company's private bank efforts in Hong Kong and Singapore.
ICBC receives nod to set up wealth management unit
Nearly 30 banks have announced their intention to dive into this profitable business.
Weekly Global News Wrap Up: JPMorgan rolls out cryptocurrency; Estonia kicks out scandal-hit Danske bank
And the market rout weighed on HSBC's full-year earnings.
Chart of the Week: Thai banks raise capital shields against bad loans
Total capital adequacy ratios hit 18% in November 2018.
Singapore bank ROEs to hit over 11% in 2020
Thanks to the shift towards fees and commission in the non-interest income mix.
Indian banks swing back into the black in Q4
Earnings hit $21.56m with private banks leading the quarterly gains.
DBS cost-to-income ratio to ease to 43% in 2019
It rose 1.9 ppts in 2018 due to weak trading income and ANZ integration.
DBS full-year profit surged 28% to $4.15b
Fee income hit S$2.78b as led by card and wealth management.
India slaps 4 public sector lenders with $705,000 fine
Corporation Bank’s penalty hit $282,000.