Managers of Wealth Asia Pacific

ANZ chief says remediation is "distracting"

The Standing Committee on Economics panel put it down to cultural problems that came from the top.

DBS to mentor social enterpreneurs in Singapore under new programme

The programme is being administered by the DBS Foundation and the bank's SME banking team.

Instant transfers now possible 24/7 at majority of financial institutions across Japan

Out of the 1,275 financial institutions using the zengin system, about 500 banks and Shinkin banks, except Norinchukin Bank, applied for the new system.

CBA fires up over Dollarmites criticism

Executive general manager of the bank's retail arm, Mark Jones said CBA is proud of its school banking program, which has been running now for 87 years.

Japanese banks welcome blockchain to fight challenger banks

Local banks and financial firms are looking into blockchain to reduce transaction time

SCB opens investment centre at Sasin

Two more branch openings are planned outside university premises this year, taking the total to 14 by year-end

With revamp complete ANZ poised to grow institutional business in Asia

The Melbourne-headquartered Australian bank expects 5pc revenue growth from its Asian institutional operations

E-commerce boom driving demand and investment in Asian warehousing

Recent e-commerce booms in China, led by Alibaba and JD.com; in Korea by GMarket; and in Singapore by Lazada have all accelerated investments in recent years.

Bank of India to shut down 2 units in UK

As many as 41 units were in losses in FY17.

HSBC Singapore beefing up commercial banking division

It's hiring to support international companies here and across Asean

New Silk Road Finance Awards 2018 Middle East & Africa: Best Chinese bank in the region for BRI

Agricultural Bank of China

NAB cuts bonuses for executives

This variable reward will be paid 40% in cash at the end of the financial year.

NAB keeps mortgage rates on hold at 5.24% 'to rebuild customer trust'

Bank to leave standard variable rate unchanged despite lift in rates by Westpac, Commonwealth and ANZ

BDO bags multiple honors at Asian Banking and Finance Awards 2018

Bank through wholly-owned BDO Capital & Investment Corporation also won a string of awards at the newly-created category

RHB grows Q2 net profit by 12.2%

The group made a net profit of RM570.3 million, compared with RM501.0 million for the same quarter in the preceding year.

Alliance Bank posts highest quarterly net profit in three years

Return on equity improved to 10.2%, a ratio in line with guidance," said its group chief executive officer Joel Kornreich in a statement today.

Hong Leong Financial's quarterly net profit jumps 75.5%

Higher non-interest income, lower tax, commercial banking drive earnings growth

Bank of China posts 5 per cent rise in first-half profit

The improved interest margin was partially a result of three rounds of reserve requirement ratio (RRR) cuts by the central bank between January and June, which reduced the amount of cash banks are required to hold as reserves.

Japan's regional banks struggling to survive, some eyeing realignment

Special demand generated by the reconstruction of disaster-hit areas has shrunk, causing the local economy to slump.

CBA charged more dead customers fees

Avanteos discovered in 2015 it had continued to charge adviser service fees on accounts after being told the customer had died.

Retail Banking