Managers of Wealth Asia Pacific

Westpac combines Consumer and Business divisions

The new division will be led by the current Chief Executive, Consumer, Chris de Bruin.

Vietnam banking sector set for heightened M&A activity

New laws and search for capital spell vibrant year for financial service providers

Asia-Pacific ‘strongest banks’ list includes AUB

AUB said it scored highest in capital adequacy ratio, return on asset, cost to income ratio, loan loss reserves and liquid assets.

ADB returns to Panda bond market

Two billion yuan offering is the bank's largest ever in an Asian local currency

Citi Needs a New Strategy for Its Lagging Asian Consumer Banks

CEO Jane Fraser knows it’s time to shift gears. The pandemic has changed the calculus for the company’s operations in the region.

Standard Chartered aims to triple income from Greater Bay Area in five years

The bank plans to increase its headcount in the mainland Chinese cities of the bay area from 1,400 now to 2,500 in 2023

CIMB wins four awards for customer-driven SME initiatives

Awards include Best SME Bank in Malaysia, Best Digital Transformation Initiative for SMEs, Outstanding Innovation in SME Banking and Most Innovative Credit Card

Westpac named as global ESG leader

Australian companies were found to be leaders in making their ESG objectives clear in integrated reports and reporting ESG impacts in separate reports.

BRICS bank credits China billions for post-COVID-19 upturn

In April last year, the bank set up a method to provide emergency support program loans to its member countries, helping them in fighting the pandemic. It has up to now supported seven anti-virus-linked emergency loans, reaching about USD7 billion.

ING to exit Austrian retail market

ING has been active in the Austrian retail banking market since 2003.

CIMB sees lower provision in FY21

We should see a significant improvement in the provisioning level for Malaysia across the consumer

Japan's Mizuho suffers problems at ATMs, preventing use of some services

Japan’s third-largest lender by assets has a history of system troubles spanning more than a decade.

South African bank challenger Tyme to launch in Asia

Lender launched by billionaire Patrice Motsepe will set up in the Philippines as part of deal

BOQ acquires ME Bank

The transaction will be finalised by August and ME Bank's brand, operations and Melbourne-based presence will be retained.

Mizuho and Line raise investment in build for new smartphone bank

Being developed as the only smartphone-based “main bank,” this bank will be integrated into the LINE app, allowing for utmost convenience for the digital generation.

HSBC’s Top Executives Following the Money Prepare Moves to Asia

A cadre of senior executives is set to relocate in coming months to Hong Kong

ANZ: First Quarter Trading Update

We again strengthened our capital position resulting in a further increase in net tangible assets per share.

UOB Partners to Help Singapore Firms Expand

Under the agreement, both organizations will share information and resources with Singapore companies

Indian Bank completes core banking integration

The customer account numbers of both the banks remain unchanged and the login credentials of internet banking and mobile banking were also retained.

DBS Q4 profit falls 33% on higher allowances; CEO upbeat on outlook

Its earnings were slightly lower than the $1.06 billion average estimate of seven analysts polled by Bloomberg.

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