Managers of Wealth Asia Pacific

Bank of China brokers deal to buy €155m Goodbody

Chinese will take an initial 75% stake in Irish financial services firm

Emerging Market Bankers Parse Big Data to Predict Credit Risk

Prepaid mobile customers who lack funds can easily acquire additional talk time and mobile data from their telecom providers on credit.

Australia's CBA says wealth management, mortgage broking head to leave

CBA halted preparations to demerge its wealth management and mortgage broking businesses in March, to instead focus on the unfinished work of repaying wronged clients.

Singapore's DBS Q3 profit beats view on wealth fees, cautions on outlook

DBS made a net profit of S$1.63 billion for the quarter, compared with S$1.41 billion a year earlier and an average estimate of S$1.57 billion from five analysts, according to Refinitiv data.

Australia's NAB profits plunge in wake of banking royal commission

This year has been very challenging, requiring significant actions for us to deal with past issue

Viet Capital Commercial Joint Stock Bank to Launch JCB Credit Card in Vietnam

The holders of Viet Capital Bank JCB Card can access the JCB acceptance network with about 30 million merchants around the world

OCBC Q3 profit dips 6% to S$1.17b on one time charge

Total income for the quarter rose 4 per cent to S$2.66 billion from S$2.54 billion a year ago.

Asian lenders bank on Indonesia for growth

SMBC bought BTPN’s shares for Rp 14.28 trillion (US$1.01 billion) under a tender scheme.

DBS denies reports of Yes Bank acquisition

The lender said that it has now received a binding offer from a global investor for an investment of $1.2 billion in the bank through fresh issuance of equity shares, subject to regulatory approvals and conditions as well as the bank's board and shar

Stan Chart to distribute Blackrock fund onshore

In total, Standard Chartered in China distributes around 200 QDII products managed by 10 foreign asset management firms.

OCBC and DBS have just been named the best consumer bank and SME bank in the entire world

Singapore and South-east Asia’s largest bank, DBS, was also named the best bank for small and medium enterprises (SMEs) – a new category introduced this year – at the ceremony over the weekend.

India’s banking and real estate woes to hurt Gulf NRIs

Slump in India’s real estate values and safety of deposits worry NRI investors

Online payment facility for BOI customers

It is not only the customers of BOI who stand to gain from this initiative, but it also improve the internal efficiencies within BOI where activities related to physical payment acceptance and reconciliation will be reduced dramatically.

Select Singapore Banks to be Authorized to Offer Chinese Bonds

Select lenders in Singapore will be authorized to provide trading, settlement and custody services for Chinese interbank bonds on behalf of foreign investors.

Citibank Taiwan gives clients access to 14 currencies

Clients who activate the “Citibank Global Wallet” would be able to buy the foreign currencies at preferred rates online, and can withdraw them at ATMs overseas or make transactions through debit cards when traveling abroad, Hu said.

Bank of Baroda enters into partnership with Paisabazaar.com

Bank of Baroda presently offers home loans linked to repo rate with rates starting @ 8.10%. As on 31st March 2019

Efma and Accenture Announce Winners of Customer Insight & Growth Banking Innovation Awards

The winners were selected by a panel of judges comprising senior retail bankers from around the world and by Efma members and non-members from retail institutions who voted online.

2019 Commonwealth Bank Annual General Meeting: chairman's Address

Full text of chairman Catherine Livingstone's address to shareholders at Commonwealth Bank's 2019 Annual General Meeting.

DBS Considers Joining Race for Bank Permata Indonesia

Shares of Permata jumped as much as 3.9% on Wednesday afternoon in Jakarta to the highest level since February.

Honeymoon over for NAB as rising compensation bill bites

Many are no longer feeling the love after the bank hiked its annual compensation bill to $2 billion arising from the Hayne commission, and saw its share price slide around 7 per cent over the next several sessions.

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