Branch Banking
Dah Sing Bank temporarily shuts down Shek Tong Tsui branch
Dah Sing Bank temporarily shuts down Shek Tong Tsui branch
The branch will undergo cleaning and disinfection.
Australian regulator revokes Citigroup’s banking license
This follows after CPL’s consumer banking business was acquired by NAB.
Taiwan banks ordered to take measures to safeguard elderly customers
Regulator urges banks to treat elderly customers fairly and reasonably.
Standard Chartered opens US$40m Greater Bay Area Centre in Guangzhou
More than 700 employees are now based in the GBA Centre.
OCBC NISP transforms its branch into a financial fitness gym
This is the bank’s way to instill the “FinanciallyFit first, CrazyRich later” mindset to the younger generation.
Taiwan’s bad loans shrank by $2.03b in January
NPL ratio for 39 domestic banks is now at 0.16%.
Citi to hire 200 bankers in next three years
Majority of the hires will be from China, Hong Kong, India, and Singapore.
BEA closes 2021 with 45.8% surge in attributable profits
The bank got a boost from a significant reduction in impairment losses.
Dah Sing Bank announces more temporary closure of branches
The bank recently closed its Causeway Bay branch.
OCBC closes 2021 with 35% surge on profits
Proposed final dividend was increased to 28 cents per share.
HSBC appoints former JP Morgan exec as new COO
The new COO has experience in AI and analytics for business operations
Dah Sing Bank shuts down 10 branches amidst rising COVID-19 cases
Customers are urged to visit other open branches or use alternative channels.
Weekly Global News Wrap: US banks closed 2,000+ branches in 2021; Morgan Stanley CEO pay raised to $35m
And Citi, BNP Paribas eye 7 February return-to-office date.
Citi Commercial Bank bridges cultural gap with China Desk initiative
The desk opens Singapore to mid-sized Chinese firms seeking to penetrate ASEAN.
Weekly Global News Wrap: British financial watchdog might visit bankers working from home; UBS creates AI team
And Barclays opens Glasgow campus.
Eight in 10 ATMs in APAC are now automated deposit machines: RBR study
Over 1.4 million of 3.1 million ATMs globally now accept automatic note deposits.
MUFG appoints Stephane Alex as head of Flow FX Sales EMEA and Asia
Alex will be based in Singapore.
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