Managers of Wealth Asia Pacific

Nomura Signs MOU for Comprehensive Business Alliance with Awa Bank

The MOU sets out fundamental principles and other necessary considerations for entering into the alliance agreement.

Financial Results for the Nine Months ended December 31, 2019

The lender's trading division posted a net business profit

Klara Launches In Australia With CBA

By accessing Klarna through the country’s market-leading banking app, CBA customers can quickly register and begin shopping at any online store.

Newsbreak: Maybank to tie up with GrabPay for digital banking?

Maybank was non-committal when asked if it plans to pursue a digital banking licence in Malaysia and if this might be done in partnership with GPay Network.

India's ICICI Bank Dec quarter net profit nearly trebles

Asset quality improved with gross non-performing assets (NPAs) falling to 5.95% of total assets compared with 7.75% a year ago.

SCB out of favour among analysts as bad loans rise

SCB and other Thai lenders have closed branches while increasing digital banking in an effort to boost earnings.

CIMB Thai's net profit in 2019 grew 216 fold y-o-y

CIMB Thai’s net fee and service income increased by 362.3 million baht or 20 per cent, due to higher fees from insurance and debt capital markets.

Bank of Japan Leaves Rates Unchanged, Raises Growth Forecasts

The Bank of Japan took a brighter view of the economy and left its main policy settings unchanged Tuesday, offering a further indication that it is unlikely to add to its stimulus. As had been widely expected, the BOJ raised its growth projections for th

Qatar National Bank Looks to Southeast Asia: CEO Al Khalifa

In his first TV interview since taking the bank's top job, CEO Abdulla Al Khalifa discusses the bank's expansion plan, the Saudi market and the private sector.

Dubai-based PE firm Fajr Capital exits Brunei bank

Its shareholders include the investment agencies of the governments of Abu Dhabi, Brunei and Malaysia.

HK’S First Bank Offers 6% Rate that Dwarfs HSBC’S

Though many doubt the new banks well be able to maintain such rates, the offer is a warning of upcoming competition for the city’s $410 billion local currency time-deposit business.

Hong Kong's first digital bank heralds arrival with 6% interest rate

ZA Bank's offer is over 3 percentage points more than banks such as HSBC and Standard Chartered as competition heats up

Japan's Aozora Bank to buy into Vietnamese lender

They will work together on digital banking and investment banking services, as well as on providing support for Japanese companies seeking to expand into Vietnam.

RCBC takes digital banking to the next level

It now allows in-app enrollment with newly improved security features such as biometrics log-in, one-time password verification, and device registration where account can only be accessed on registered devices.

CBA donates $1m to bushfire recovery and provides update on other support

The package includes loan restructuring and waiving of selected fees and charges.

Australia's ANZ overcharges 3.4 million customers

The bank's chairman David Gonski said ANZ will see "an additional charge of A$682m for remediation work".

Nomura CEO says open to tie-up with megabank

Regional lenders can strengthen their products and know-how if they collaborate with Nomura, while the brokerage group can expand its customer base through such an initiative, Nagai said.

Machhapuchchhre Bank signs loan agreement Mashreq Bank, Dubai

MBL, which has 145 branches across the country, decided to sign the loan agreement to invest in infrastructural projects and other priority sectors, the bank said in a statement.

13 public sector banks in India report profits in HI of fiscal year

It said that PSBs have attached assets worth over Rs2.3 lakh crore over the last three financial years.

Nirav Modi’s bank gets hit again

Punjab National Bank now files complaint for a much lower $15.4m exposure

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