Managers of Wealth Asia Pacific

ANZ backs moratorium on drought-stricken farmers, admits to misconduct

The banks were responding to criticism this month by the banking royal commission's top lawyer over their overly tough treatment of farmers.

BDO retains Best Bank standing

“The competition was extremely tight this year, with numerous financial institutions proving their resilience in a difficult regulatory and banking environment,” Finance Asia said in the announcement of winners.

DOF eyes privatizing Overseas Filipino Bank

The Bank is also going to discuss with the Insurance Commission the possibility of offering insurance products online through the OFB, as well.

CBA puts South African business under review: sources

It is believed the bank is in early stage talks to sell the business to minority shareholder African Rainbow Capital.

Billionaire Bangkok Bank boss leaves solid legacy

Chatri Sophonpanich inherited an empire and broadened its scope

Bangkok Bank chairman Chatri dies at 85

Forbes ranked him the 26th richest person in Thailand with cash and assets of about 45.57 billion baht

ANZ offloads PNG retail bank for $10m

ANZ has announced the sale of its retail, commercial and SME banking business in Papua New Guinea to Kina Bank in its latest divestment of Asian retail businesses.

Australia's ANZ sells some Papua New Guinea businesses to local bank

In a separate statement issued by Kina, it said it was buying the ANZ PNG businesses for PGK24.2 million ($7.19 million).

Vietnamese banks boost IT use

Vietnam has big potential in applying 4.0 technology to develop retail banks and payment utilities.

Bank of Asia opening BVI branch | Locals to get jobs, says Premier

According to Premier Smith, following the launch, they were given a tour of the bank’s premises. He said some of the 70 staff members at the bank were from the BVI.

Bank asks OFWs to take advantage of strong dollar

The higher conversion means their beneficiaries will have more money to spend.

Woori Bank to become holding firm by 2019

"Once converted to a holding firm structure, Woori Bank will be able to invest a wide range of profitable businesses, including securities, asset management and real estate trust, which could raise the company's value," the lender said.

2 Japan banks tie up with RCBC to assist small business

Osaka-based Kansai Urban Banking Corp. and Kobe-based Minato Bank signed a business alliance agreement with Rizal Commercial Banking Corp., the financial group said.

The best of the best: RBI 2018 Global Awards winners revealed

It was a good night for Emirates NBD with three awards and for Royal Bank of Canada with two wins.

Thailand's oldest lender's mantra: Go digital

Siam Commercial Bank braces for competition against China's Alipay and WeChat Pay

OCBC's Q1 net profit rises 29%

OCBC's net profit came in at S$1.11 billion in the three months ended March 31 versus S$861 million reported a year ago

Japan’s bloated retail banks need to downsize

oo many branches, with too many staff, are weighing on profitability

Double-digit profit rise for UOB as loans, margins expand

Domestic banks benefiting from higher interest rates, recovering economy

AmBank committed to driving business forward

Last year, it divested its 20% interest in Shanghai Rural Commercial Bank and its life insurance business.

CIMB To Achieve 6 Pct Loan Growth For FY18

According to Group Chairman Datuk Seri Nazir Razak, the growth would be driven by all its business segments, particularly from consumer banking and wholesale on the corporate side.

Retail Banking