Retail Banking
Singaporean customers more satisfied with e-wallets than banks in 2020
Customer satisfaction for e-wallets was higher than that of banks.
Singaporean customers more satisfied with e-wallets than banks in 2020
Customer satisfaction for e-wallets was higher than that of banks.
Singapore banks headed for stronger profits in 2021: analysts
Credit growth is expected to accelerate mildly by 5% in 2021, according to Moody’s.
Singapore banks to see stronger profits in 2021: analysts
Credit growth is expected to accelerate mildly by 5%, according to Moody’s.
Japan's financial firms face activist climate votes as AGMs near
Mizuho was forced to vote on a climate-focused resolution in its AGM last year, but more firms are being targeted in 2021.
Tonik launches Philippines’ first official neobank
It offers up to 6% interest rate per annum.
China hopes for stability through stricter FHC rules: report
The rules will also hopefully insulate firms' finances from other risks.
Clear skies ahead for Aussie banks as economy improves
Banks can withstand NPL growth due to loan loss reserves.
HSBC Singapore names new global liquidity head
Winnie Yap will be responsible for treasury solutions for Singapore firms.
Hong Kong's ZA Bank crosses 300,000 users, 4% of city's population
The bank has given HK$650m in loans.
Mizuho sets up committee to probe system failures
The failure has hurt the firm's credibility, it says.
DBS CEO Piyush Gupta's pay down 24% in 2020
His cash bonus dropped by 27% amidst cutbacks in the bank.
UOB to raise pay, floats promotions for 98% of bank's employees
Review of compensation packages for senior management will be considered later.
Five of world's 10 largest banks are in China: report
The Industrial & Commercial Bank of China has almost $5t in total assets.
Weekly Global News Wrap: EU banks to float 'green' indicator next year; Citigroup revises earnings after Revlon ruling
And Goldman Sachs reboots cryptocurrency desk following Bitcoin boost.
Commerzbank mulls exit from Hong Kong, other Asian locations
Asia sales activities will be bundled in Singapore.
DBS appoints Abdul Raof Latiff as new DBS Malaysia country head
They also appointed a new Group Head of Digital for Institutional Banking last January to replace Latiff.
CIMB posts $293.5m net profit for FY2020
Higher loan provisions affected the bank's performance.
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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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