Retail Banking
Weekly Global News Wrap: Full pandemic impact on Europe banks unclear til 2021; England mulls new capital rules for small banks
And Spain's BBVA sells US business to PNC Financial Services for $11.6b.
Weekly Global News Wrap: Full pandemic impact on Europe banks unclear til 2021; England mulls new capital rules for small banks
And Spain's BBVA sells US business to PNC Financial Services for $11.6b.
Earnings boost for Australian banks in 2021, but headwinds persist
Deterioration in asset quality will likely emerge in 2021.
Rough road ahead for big three banks after improved Q3
OCBC, DBS, and UOB’s earnings rose in Q3—but 2021 presents a tough test as fiscal, monetary relief gets withdrawn.
Westpac to exit China, other Asian markets
It will consolidate operations into branches in Singapore, London, and New York.
Philippine banks remain firm, but headwinds loom: Fitch
Weak local consumption and high credit impairment are fanning the fire.
How Citi ASEAN's workforce champion adaptability, diversity
Joel Fastenberg talks about how Citi rose to the challenge of digitization, work-from-home and diversity.
Singapore regulator probing reports on suspicious bank transfers
An appropriate action will be taken based on its own review.
CIMB Bank to open branches in Malaysia over two weekends
This is to facilitate financial aid to clients upon the expiry of the loan moratorium.
Recovery still not in sight for ASEAN banks
Operational green shoots remain vulnerable as borders are still closed.
Philippine banking system edges closer to a digital revolution
The market has qualities favorable for virtual banks to thrive.
Chinese banking sector's net profits down 24.6% YoY in Q2
Improvement in sight for H2, but lenders may face capital shortfall.
MUFG Bank names Hoang Thi Tuong Khanh as Vietnam global corporate banking head
She will be based in Hanoi.
Malaysia drops criminal charges vs Goldman Sachs over 1MDB
The bank has earlier agreed to pay $3.9b as settlement.
Weekly Global News Wrap: JPMorgan probing employee misuse of PPP funds; Watchdog rebukes Lloyds' unfair treatment of small firms
And Danske Bank pays up to $16m for over-charging clients.
Amidst a crisis, Hong Kong's Mox Bank sees boundless opportunities
The neobank has outlined a bold plan to kickstart a new generation of virtual-savvy customers.
Singapore regulator floats new SGD facility for banks
It will be launched in the week of 28 September.
JPMorgan names Philip Glickman as APAC merchant services head
He was previously with Mastercard.
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Why Philippine banks, insurers embrace hyper-personalized services
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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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