09/19/2024
Customers to benefit from NAB collaboration with AWS
The collaboration with AWS is a major investment and is another important step in continuing to embed NAB’s multi-cloud approach.
Retail Banking
09/05/2024
ZA Bank: First Hong Kong Virtual Lender to Declare Profit
ZA Bank has become Hong Kong’s first virtual lender to report a monthly profit in July
09/03/2024
CBA mandates Gresham to sell ultra-high-net-worth advice business
Sources say the advisory firm has begun mailing out marketing materials to prospective buyers.
08/28/2024
BNZ implements Open Banking standards ahead of deadline
When Open Banking is fully operational, the standards will enable New Zealanders to safely and securely share their financial information with approved providers.
08/22/2024
HDFC Bank taps retail bankers as wealth managers amid talent crunch
Mumbai-based HDFC's wealth business has about 800 relationship managers serving customers in about 100 cities and towns
08/21/2024
Bank Credit Growth Hit By Subdued Corporate Demand, Says Citi Research's Kunal Shah
Credit growth in India should range between 13% and 14% in the next couple of years, Shah said.
08/21/2024
Siam Commercial Bank rolls out online international trade service
Transactions can be made without the need to submit original documents.
08/15/2024
Axis Bank expands wealth management biz rapidly in non-metro cities
Some of the new cities the bank has added include Patna, Raipur, Ghaziabad, Jodhpur, Udaipur, and Meerut.
08/14/2024
Citi Runs NextGen Program in Singapore
Citigold Private Client is Citi’s banking unit aimed at high net worth individuals which is one bracket below Citi Private Bank which targets the ultra-wealthy.
08/09/2024
Amundi Asia Funds – All Weather Income Fund, Advised by DBS Bank Ltd. and Managed by Amundi, Now Available to Hong Kong Retail Investors
In the face of ratcheting geopolitical tensions and economic uncertainties in the year ahead
08/05/2024
OCBC Group First Half 2024 Net Profit Up 9% to a Record S$3.93 billion
Interim dividend raised 10% to 44 cents, from 40 cents a year ago
07/26/2024
UOB refreshes its management team, charting its next stage of growth enabled by technology and innovation
Ms Susan Hwee is a banking industry veteran with an extensive track record and more than 35 years of experience in technology and banking.
07/25/2024
DBS and Deloitte launch Sustainability Accelerator Tool to help Singapore SMEs identify and address sector-specific decarbonisation gaps
Tool provides industry-specific recommendations to help companies better understand their sustainability readiness, with actionable insights to green operations
07/22/2024
Westpac makes mobile credit cards dynamic for corporate customers
Westpac’s Dynamic Virtual Card can be used online as well as in-store via digital wallet tap and go transactions.
07/18/2024
Growing fees, higher rates lift Sumitomo Mitsui Trust Bank’s profits
SMTH’s low-risk asset portfolio meant that profitability is weak.
07/18/2024
Singapore bank UOB and South Korea's Woori Card announce pioneering reciprocal card partnership
UOB reinforces leadership position in travel and entertainment through strengthening its partnership ecosystem to offer exclusive privileges to its ASEAN customers
07/09/2024
Commencement of Operation of GIFT City Branch in India
The new GIFT City Branch will focus on the foreign currency-denominated lending business enabling SMBC to further strengthen its capabilities and capacity to support its clients in India.
07/02/2024
NAB suffers internet banking outage
NAB said at 10pm on Monday that the issues had been resolved.
06/25/2024
China Development Bank extends US $28 billion in support of green projects
It said the bank's cumulative issuance of carbon-reduction loans through a carbon-reduction credit facility has exceeded 110 billion yuan.
06/20/2024
NAB invests in Zodia Custody
Last year Zodia Custody announced it had set up shop in Australia, planning to serve local institutional clients.