10/17/2019
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.
Retail Banking
10/17/2019
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.
10/17/2019
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
10/17/2019
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.
10/16/2019
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.
10/10/2019
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.
10/07/2019
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.
10/04/2019
NAB hit with extra billion in remediation
The key items giving rise to increased provisions by NAB for customer remediation are adviser service fees charged by NAB advice partnerships.
10/04/2019
Saga of China’s Bank of Jinzhou raises questions about the health of Chinese banking sector
China’s troubled Bank of Jinzhou is seeking to raise 6.2 billion yuan (US$866 million) just two months after it secured a 3 billion yuan (US$419 million) bailout
10/04/2019
Commonwealth Bank insurance arm CommInsure to face ‘hawking’ charges
The Commonwealth director of public prosecutions, which is prosecuting the case, said it was unable to comment on matters before the courts.
10/01/2019
CBA announces completion of Count Financial divestment
CBA is committed to continuing to support and manage customer remediation matters arising from past issues at Count Financial.
09/30/2019
HSBC continues its commitment to building Asian Wealth Business
Martin said in an interview that “We continue to double down on Asia, pivot to Asia, grow Asia wealth.
09/30/2019
Singapore Bank Lending Up Slightly
Total business loans grew 1.1 percent to S$422.7 billion in August versus a month ago while total consumer loans fell 0.2 percent to S$262.1 billion in August, marking the fourth straight month of contraction.
09/24/2019
Commonwealth Bank: Australia is well-positioned to be a leader in cyber
The GM of the yellow bank's cybersecurity centre wants the nation to take advantage of its current position, and export cyber talent and innovation to the rest of the world.
09/24/2019
Data will help ASEAN banks fend off challengers
A recent Accenture report on the largest 161 retail and commercial banks globally highlighted that digital leadership in banking drives superior economic performance and that banks which have embraced technology and digital transformation are rapidly outp
09/24/2019
Morgans snaps up CommSec Advisory business
CommSec Advisory offers financial advice to clients, including high-net worth clients and self-managed super funds.
09/19/2019
Bank of China Manila designated as Philippines’ RMB clearing bank
Bank of China said under the memorandum of understanding between the People’s Bank of China and the Bangko Sentral ng Pilipinas
09/18/2019
Bangkok Bank sets new standard for Asian Tier 2
The bank was the first in Asia ex-Australia to print at this tenor for US dollar Tier 2 bonds, and the rarity value drew orders of around US$4.35bn from 190 accounts.
09/17/2019
NAB launches team for vulnerable customers
She said the bank assisted 1.4 million customers every year that experienced financial difficulty due to injury, illness and unemployment.
09/16/2019
HSBC China COO on why finding like-minded people is important at work
As chief operating officer of HSBC China, Terecina Kwong is already one of the most high-powered bankers in the world — she has oversight of tens of thousands of employees and is responsible for an annual budget of nearly $200m (£164m).