08/03/2019
Singapore's OCBC, UOB eye regional expansion as profits grow
Quarterly earnings at both banks exceed expectations
Retail Banking
08/01/2019
Clearstream acquires NAB’s Ausmaq
It will also allow existing Clearstream customers greater access to Australian funds.
07/28/2019
ICICI bank posts quarterly profit
But the profit fell slightly short of the estimated 20.87 billion rupees that 19 analysts had expected on average, according to Refinitiv data.
07/22/2019
Bank Islam teams up with fintech players for cashless payment services
BerryPay will provide mobile remittance services to serve foreign worker account holders by bridging them through a unique e-banking system of pseudo bank accounts to other banked and non-banked recipients and vice-versa.
07/22/2019
Orion bets big on small loans
“This project was a steep learning curve for us, but we now have a good system and have put in a strong team behind it.
07/18/2019
Franklin Templeton boosts retail distribution
Ramsay joins Franklin Templeton from Australian Unity Wealth where he was national manager, strategy
07/15/2019
Top Thai Bank’s Digital Platform to Drive Loan Growth Surge
Expects near eight-fold increase in lending via mobile app
07/14/2019
Let’s Talk Luxury
Maybank launches Premier bank services and Visa Infinite Card in the Philippines
07/12/2019
Thailand's biggest bank invests in ride-hailing unicorn Go-Jek
Siam Commercial Bank eyes fintech connection with fast-growing local app
07/12/2019
DBS named World's Best Bank by Euromoney, a first for an Asian bank
The bank's latest award follows two other honours last year.
07/09/2019
HSBC launches virtual accounts for corporate clients
The offering is called HSBC's Next Generation Virtual Accounts, and it reaches beyond payments to liquidity management and control of cross-border accounts.
06/25/2019
New digital banks challenge HSBC’s Hong Kong dominance
Competition threatens to squeeze profit margins and compel more spending on technology
06/23/2019
Landbank expands rollout of digital onboarding system
Since its launch in 2018, more than 98,000 accounts have so far been opened through the system, Borromeo said.
06/21/2019
Banks Not Seeing Revenue Growth Despite Technology Investments
It found that while half (50 percent) them are achieving higher profitability, this is the result of lower operating costs and not revenue growth.
06/21/2019
UOB Kay Hian emerges as suitor for DBS Vickers' remisier base
Sources say the two parties are in talks for the transfer of the remisiers and trading reps as a group
06/21/2019
NAB makes $2bn lending commitment to tech companies
“NAB can support technology companies at every stage of their development - from NAB Ventures which backs starts ups through to big business.”
06/14/2019
MUFG faces multibillion-dollar write-down on Indonesian bank
Danamon's shares tanked after MSCI index removal
06/13/2019
CBA sells advice dealer group
According to Rainmaker analysis of the ASIC Financial Adviser Register, as of this morning Count Financial is home to 351 active financial advisers.
06/11/2019
Bank puts hold on regional branch closures until 2022
The moves have drawn the ire of Regional Development minister Shane Jones who last year complained to Reserve Bank governor Adrian Orr and said banks should be required to maintain a certain level of service given how much they make in profits.
06/07/2019
RCBC sustainability bond marks new milestone
RCBC upsized the sustainability peso bond due to considerable investor demand, with the proceeds mainly directed towards green-minded loans for customers or its own activities