Managers of Wealth Asia Pacific

UOB reports S$1.56 billion in net profit for first half of 2020; maintains strong balance sheet amid challenging economic conditions

Sets aside S$379 million allowance in second quarter in view of COVID-19 impact

China’s Big Four Banks Test Digital Yuan

Some employees are already using the digital yuan to make transferrals and bill payments

StanChart’s Asia Human Capital Rejig

The bank noted that it was a «key employer» in Singapore’s financial industry and quantity aside, it highlighted a qualitative focus and commitment to growing «future-ready talent».

UOB Launches Finance Academy

Participants will also sharpen their financial acumen through modules that encourage an analytical approach to evaluate strategies and risks, as well as accounting and bank financial analysis.

Westpac Update on Threshold Transaction Report filings

Westpac’s 2020 Interim Financial Results noted that the Group had self-reported TTR issues to AUSTRAC

Westpac to bring 1,000 jobs back to Australia

This will mean when a customer calls us, it will be answered by someone in Australia.

Nab Cracks Down On Unlicensed Debt Management Companies

We will continue to work with customers who are unable to make repayments to find the right solution for them

CBA Teams Up With Strategic Partners To Offer New Digital Services To Customers

The new partnerships coincide with the announcement of X15 Ventures’ fourth new venture, Backr.

CIMB's all-digital bank model in PH set to achieve 500% deposit growth in 2020

The challenges this pandemic has presented to us have only fueled us to do more as we continue to find ways to support our customers, with our commitment to leading Filipinos into financial freedom.

Citi Asia Pacific recognized for Excellence in Leadership during COVID-19

These three initiatives also mark Citi's 15th Global Community Day (GCD) and demonstrates its ongoing commitment to giving back to the communities where we live and work.

HDFC Bank chief buzz

Toss-up between Sashidhar Jagdishan and Kaizad Bharucha to fill in the boots of Aditya Puri

CIMB rolls out online solutions for new accounts, financing applications

CIMB also launched a Biz Financing Portal on July 13 for SMEs to submit their financing applications online.

Risks to Chinese commercial banks manageable

Foreign direct investment into mainland China fell by 1.3% year on year to 472.18 billion yuan

JCB and Nexi in partnership to increase security for international e-commerce spend

This partnership with Nexi has enabled JCB to use our advanced technologies to find an innovative way to open the door for the increased exchange of global e-commerce transactions between Europe and our 140+ million cardmembers.

DBS, Neo & Partners Global, win WatersTechnology Asia awards

Asia awards

RBI Governor Shaktikanta Das asks banks to do Covid stress test, focus on raising capital

Reserve Bank of India governor Shaktikanta Das said there is a need for legislative backing to have ‘resolution corporation’ for dealing with the revival of stressed financial firms.

Commbank Accepting Applications For Next Rounds Of First Home Loan Deposit Scheme Places

Australians can now apply for the next round of places with Commonwealth Bank under the Government’s First Home Loan Deposit Scheme.

CBA Welcomes Open Banking

Data-driven innovation has the potential to deliver new services and better products to Australian consumers.

IDBI Bank to sell 27% in insurance JV, Belgian firm raises stake to 49%

Ageas Insurance will hold 49 per cent in the venture while Federal Bank will have 30 per cent stake, with IDBI Bank holding the remaining 21 per cent stake in the insurance firm, after the stake sale.

AmBank Group recognised as nation’s best mobile banking and wealth management experience

Customer preference has shifted definitively from desktop computers to the mobile phone to access online services.

Retail Banking