Retail Banking
E-wallet war heats up in Vietnam as banks join fray
Four more banks received clearance to operate e-wallet businesses.
E-wallet war heats up in Vietnam as banks join fray
Four more banks received clearance to operate e-wallet businesses.
South Korean bank loans hit $780b in Q3
Household lending outpaced corporate loans but not for long.
UOB Q3 profits up 17% to $752.28m
Net interest income drove earnings up and sharply grew by 14% to $1.6b.
Japanese banks risk-taking hits near 30 year high amidst profit crunch
This marks the highest point since 1990 during the asset-inflated bubble burst.
Can Taiwanese banks maintain stable financial footing?
Lenders face stiff competition and modest lending demand.
TMB Bank profit skyrockets 179% to $170.27m in Q3
A huge one-off gain powered earnings through the roof.
Bank Negara Indonesia profit inches up 1% to $250m in Q3
Low interest expenses, which dropped 11%, boosted earnings.
UOB fully digitises consumer banking business
Opening an account can be done in less than 15 minutes.
Weekly Global News Wrap Up: US banks' credit card war heats up; Lenders curb China travel after UBS banker departure ban
And here's the latest move of Goldman Sachs to expand its client base beyond the ultra-rich.
Vietnamese banks slash service fees in economic boost
BIDV cut nine service fees whilst Military Bank reduced 16.
Singapore banks turn to loans to boost earnings as wealth income weakens
Wealth management income may have already peaked in H1 2018.
Japanese banks profit erosion slow amidst policy reforms
Liquidity in the bond market is boosting earnings outlook.
Chinese banks new loans hit $199.05b in September
The central bank’s lending stimulus appears to be paying off.
Taiwanese banks poised to break $6.5b year-end lending target
The government’s new economy projects is fuelling lending demand.
Cybercriminals prey on prosperous Hong Kong banks
There are already eight cases of fraudulent bank websites in October YTD.
Weekly Global News Wrap Up: US bank earnings rebound in Q3; BofA cut nearly 100,000 workers in digital shift
And Venezuela is seeking banking services in Asia and Europe.
Hong Kong's local lenders jostle for market share as Chinese banks encroach into home turf
Mainland-owned banks accounted for 38% of system assets and deposits by 2017.