Retail Banking
Cambodia’s Phillip Bank teams up with property development Sarita Waterside
Foreign investors can enjoy a buy back option when purchasing villas at Sarita Waterside.
Cambodia’s Phillip Bank teams up with property development Sarita Waterside
Foreign investors can enjoy a buy back option when purchasing villas at Sarita Waterside.
Hang Seng Bank names Cheung Ka Ki as head of corporate governance
Cheung is also the new company secretary beginning 17 April.
Weekly Global News Wrap: Credit Suisse chairman apologises to shareholders; EU banks must be “conservative” with dividends, payouts
And JPMorgan Chase & Co CEO Jamie Dimon said banking crisis not yet over.
Revenue pressures to weigh on Chinese banks in 2023
Loan growth will remain tepid at 11%.
BDO Unibank partners with Hyakujushi Bank
BDO will provide banking support services to HBL customers in the Philippines.
CCB Asia, FWD launch enhanced bancassurance service with Open API
Customers can receive approval for their insurance policies in as fast as 1 working day.
HSBC Singapore announces new board of directors
Their appointments is effective starting 4 April.
Hang Seng China unfolds cross-boundary wealth management centre in GBA
It is the first cross-boundary wealth management in China.
Citi names Rajak Madhok as global head of Citi Commercial Bank credit risk
Madhok will relocate to New York.
Weekly Global News Wrap: UBS appoints Sergio Ermotti as group CEO; French authorities search banks on suspicion of fiscal fraud
And a top US regulator said Silicon Valley Bank did a terrible job of managing risk.
Philippine President supports the merger of two state-run lenders
The merger of the two banks would make it the largest Philippine bank in terms of assets.
HSBC launches AI-driven structured product for private banking clients in Asia
The portfolio is rebalanced weekly.
Did digital banks fail to disrupt?
Most became niche players, yet served their regulatory purpose, said McKinsey associate partner Hernán Gerson.
US, Europe banking fiascos have little effect on Australian banks: analyst
They have different business models from banks in US and Europe.
India’s banks can withstand fallout from US bank failures, Credit Suisse sale
The companies have manageable exposure to these banks.
KBank sees 2 million new users in K PLUS app
The app recorded $292b (THB10t) in total transactions throughout 2022.
UNO Digital Bank offers account opening services to GCash users
GCash users can open a savings or time deposit account with no minimum balance needed.
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Why Philippine banks, insurers embrace hyper-personalized services
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Insurance
Industry experts push for the rapid progress of unified customer data as a starting point.
Industry experts push for the rapid progress of unified customer data as a starting point.
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