Retail Banking

Deutsche Bank names Huynh Buu Quang as Vietnam country chief

The bank had earlier announced plans to invest in the country.

Deutsche Bank names Huynh Buu Quang as Vietnam country chief

The bank had earlier announced plans to invest in the country.

PBOC injects cash into banks to ease stress

It added $101b (CNY700b) of one-year funding via the medium-term lending facility.

Adapting to the New Normal: A Response to COVID-19

It is fair to say that financial institutions have, with technology, largely succeeded with stopgap measures in the initial drive to adapt to the new...

Australian wealth management firm AMP's net profit at $145.75m in H1

Its underlying profit fell by 41.8% compared to the same period in 2019.

Australia's wealth managers lower fees as robo-advisory takes flight

HNW clients are losing trust that the traditional way yields the best returns.

OCBC, Amundi float dollar cost averaging fund in Singapore

It leverages the cost-averaging effect when it allocates assets to equity ETFs.

End of moratoriums to rain carnage on Singapore banks' H2 prospects: analyst

Loan moratoriums are set to expire in H2, putting asset and loan quality at risk.

Majority of Singaporeans now take professional financial advise: study

More than 80% said that they now prioritise seeking financial advice before a major decision.

OCBC's H1 net profit plunges 42% to S$1.43b

Q2 group net profit picked up 5% from Q1 but crashed 40% from a year earlier.

HSBC Singapore reopens revamped premier centre

This is part of efforts to upgrade premises in the country.

Kakao Bank's earnings skyrocket ninefold in Q2

The bank’s outstanding loans came at $14.9b as of end-June.

DBS' H1 net profit nosedives 26% to S$2.41b

The bank has cast aside S$1.26b to bolster its balance sheet.

Citi names new appointees in APAC retail banking arm

This includes a newly-created role for the bank's high net worth clients.

Soft labour market drags on Singapore banks' consumer loans: analyst

Bank loans shrank for the first time since September 2016.

Japan's biggest banks on track to meet profit goals: report

MUFG, SMFG, and Mizuho Financial Group’s net profits totaled $3.7b in Q1.

Sumitomo Mitsui's profit plunged 60.1% to $812.74m in April-June

The group’s earnings per share is at around 59 cents or ¥62.83.