Managers of Wealth Asia Pacific

ANZ combines retail and digital units

"Our intention was to always bring this work together when it made sense and given our first customer proposition, ANZ Plus, is about to go live, that time is now."

HDFC Bank Still Losing Credit Card Market Share: Brokerages

UOB recognised by Vietnam’s Ministry of Planning and Investment

The Bank is also set to facilitate a pipeline of SGD3.3 billion potential investments from companies in sectors such as manufacturing, technology, and consumer goods in the next three years.

OCBC Group Full Year 2021 Net Profit Rose 35%

Group net profit for FY21 was S$4.86 billion, an increase of 35% from a year ago, underpinned by strong growth in non-interest income and lower allowances, which offset a decline in net interest income amid a low interest rate environment.

Netbank launches Banking Services through APIs in The Philippines

Netbank has engaged Brankas, a leading Open Finance technology company in Southeast Asia

UOB’s FY21 net profit up 40%

Group Retail’s income was sustained at S$4.11 billion

DBS full-year 2021 net profit rises 44%

Fourth-quarter earnings up 37% to SGD 1.39 billion

DBS’ response to MAS' actions on digital disruption

MAS’ supervisory action requires DBS to set aside additional capital amounting to 1.5 times risk-weighted assets for operational risk.

Citi Nears Deal For Mainland China Consumer Unit

Last week, Citi agreed to sell its consumer banking business in Indonesia, Malaysia, Thailand and Vietnam to UOB for about $3.6 billion.

DBS to Buy Citigroup Taiwan Assets

A Taiwanese acquisition would add to DBS Chief Executive Officer Piyush Gupta’s deals over the last 15 months.

Axis Bank closing in on Citi India's consumer business

Its Indian consumer banking business comprises credit cards, home loans and retail banking.

Singapore Tycoon Wee Cho Yaw’s UOB To Buy Citi’s Southeast Asia Consumer Business For $3.6 Billion

The purchase consideration is about S$4.9 billion ($3.6 billion), which includes a premium of S$915 million on top of the business’ aggregate net asset value of S$4 billion as of June last year.

Sumitomo Mitsui to weigh more acquisition targets in Asia

Mr Ohta is also interested in American retail banking and said he may consider entering online lending in the US as a way to secure a position in that market.

Citi Announces Agreement to Sell Philippines Consumer Bank to UnionBank of the Philippines

Citi Continues to Execute on Global Consumer Bank Strategic Actions

Axis Bank outbids Kotak Bank, IndusInd for Citi's India retail business, card operations

As part of CitigAxis Bank has reportedly emerged as the frontrunner to acquire the retail and credit card assets of Citi India, outbidding Kotak Mahindra Bank and IndusInd Bank. Earlier, Kotak Mahindra, Axis Bank and IndusInd Bank had made binding offers

Retail Banking