Branch Banking
Hang Seng Bank opens two new cross-boundary wealth management centres
Hang Seng Bank opens two new cross-boundary wealth management centres
One is in Shenzhen and the other is in Tsim Sha Tsui.
Hiring freeze felt as HK banks focus on talent development
Many senior roles in banking get cut, but relationship managers, private bankers, and tech roles remain sought after.
MUFG halfway to its 2030 sustainable finance target
The bank has funded JPY19.4t as of 2022, over halfway to its JPY35t target by 2030.
Hang Seng Bank adjusts weekday service hours of physical branches
Branches are open from 9AM to 5PM on weekdays.
Bank of Singapore appoints Ranjit Khanna as Middle East global market head and Dubai branch chief
The appointment is effective 3 April 2023 and subject to regulatory approval.
OCBC opens Wuhan branch
OCBC Wing Hang Bank (China) now has 19 branches across 14 cities.
Citi entices Hong Kong’s ultra-wealthy with first-ever Global Wealth Centre
The 10,000-square-foot space is staffed by senior bankers and specialists.
Why the universal banking model is no longer sustainable
Changing customer attitudes and lowered barriers to entry has transformed how banks’ fortunes are made.
HSBC to close 114 branches in the UK
Some of the closing branches serve less than 250 customers a week.
StanChart unveils first-of-its-kind affluent deposit account in Singapore
The new product is only available to its Priority Banking segment.
South Korea financial firms shutters 1,000 offline offices in one year
Banks closed 380 offline offices between March 2021 to March 2022, according to the FSS.
DBS Hong Kong shows off greener branch outfits
The bank is making a statement about the future not through a new product, but with its uniforms.
Deutsche Bank opens first Bangladesh office
It is their 15th market to be active in.
Retail bank sales fall as digital struggles to fill branch banking hole
Digital sales rose to a new record, but could not offset fall in branch sales.
MUFG Bank launches branch in India’s GIFT City
The bank now has six branches throughout India.
Dah Sing Bank temporarily shutters Shek Tong Tsui branch
Customers are advised to use mobile or internet banking services.
Philippine banks takes back pre-pandemic profitability in mid-2022: analyst
NPL in the country’s banking sector has peaked and will continue to decline.
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