03/07/2019
Kenya bank to open office in China to facilitate Sino-Africa trade
The regional bank also plans to introduce Chinese yuan in all its countries of operations by the end of the year
Retail Banking
03/05/2019
CitySavings completes merger with PR Savings Bank
PR Savings Bank will cease to exist after this merger
03/05/2019
Indonesia to see more mergers, acquisitions of banks this year
The high number of banks poses a difficulty in supervision for regulators, particularly the Financial Services Authority
03/01/2019
Malaysia's CIMB logs 5.4 pct bump in Q4 profit on commercial banking boost
The bank expects loan growth for this year to be around 6 percent, and is optimistic about operations in Malaysia and Indonesia.
03/01/2019
New interim CEO of Australia's NAB expects "obsession" with customers
His first day in the top job coincided with the arrest of a former supplier who is accused of defrauding NAB of millions of dollars.
02/28/2019
Aussie bank among world’s ‘most ethical’
The citation from Ethisphere Institute covers three of the bank’s four brands: Teachers Mutual Bank, UniBank, and Firefighters Mutual Bank.
02/28/2019
NAB to slash up to 180 jobs amid company overhaul
NAB said the restructure was designed to better align rosters with customer banking habits.
02/27/2019
Standard Chartered: Retail Banking or Wealth Management?
Over the same period, the private bank widened pre-tax losses from $1 million in the previous year to $14 million in 2018
02/26/2019
Japanese banks tap the brakes on Asian expansion
MUFG and Sumitomo Mitsui focus on quality rather than quantity of loans
02/21/2019
Ken Henry excluded from NAB CEO selection committee
The selection committee to recruit a new chairman will be chaired by director, David Armstrong while the CEO selection committee will be chaired by Ann Sherry.
02/20/2019
Welcome to the CEO killing season
Depending on your perspective, some booted CEOs are either getting their just desserts for poor performance, or are being made scapegoats by boards looking for excuses.
02/20/2019
NAB chief Andrew Thorburn to get $1m farewell as he heads for the exit
Governance expert Dean Paatsch, of Ownership Matters, said Mr Thorburn would miss out on shares worth about $1 million that were granted to him last year as a bonus.
02/20/2019
Hua Nan Financial to diversify income sources
The group would hire more financial professionals to improve personnel quality toward the end of the year, Wu said.
02/19/2019
Common standards needed to globalise Islamic finance
He recalled that Bank Negara Malaysia had signed a memorandum of understanding with the regulatory authorities of Qatar and Dubai in 2007 to promote mutual cooperation.
02/15/2019
“Startling result”: NAB worst hit as bank trust plummets in the wake of the royal commission
The findings were taken in the immediate aftermath of Kenneth Hayne’s final banking royal commission report and are drawn from Roy Morgan’s research database.
02/15/2019
China's banks throw open spigots in January, lend record 3.23 trillion yuan
That will be welcome news for policymakers, who have been struggling to get money to the private sector
02/13/2019
Singapore’s United Overseas Bank opens new branch for affluent customers
At the branch, the customers will receive information about relevant financial solutions after they scan their identification card at the self-help ticketing kiosk.
02/12/2019
Beehive Agrees New Partnership With Thanachart Bank to Launch SME Value Chain Financing Program in Asia
Value Chain Financing Partnership - Signing Ceremony
02/11/2019
HSBC and Bank of East Asia offer generous red packets to employees
An HSBC representative stated the bank made use of the occasion and expressed its gratitude to colleagues’ hard work over the preceding year.
02/10/2019
Commonwealth Bank unveils changes to boost small business
This year the bank says it is “committed to supporting business even more”, which suggests that it expects to lend the same amount of money or more in 2019.