Managers of Wealth Asia Pacific

Malayan Banking's 2Q net profit rises 18.1%

Islamic banking drives growth, lower provisioning also helps

Fund managers mostly warm to Westpac interest rate hike

Banks have been struggling to grow profits as they have exited areas such as wealth management, credit growth has deteriorated and regulatory costs, capital requirements and offshore funding costs have risen.

Investec looks to expand investment banking, lending operations in India

Investec also wants to beef up its lending business, which today is largely focused on offshore loans

DBS named world's best bank in nod to its digital innovation

DBS chief executive officer Piyush Gupta said in a statement yesterday that the award shows how "Singapore punches above its weight".

NAB executives kept quiet about fee for no service for 11 months

NAB was listed as owing $12 million, placing it in the middle of the pack rather than at the top, as would have been the case had the $34.6 million figure been disclosed.

Deutsche Rewards Yim's Loyalty

Yim stepped in nearly two years ago after Asia head Ravi Raju defected to UBS.

Next wave of India-Korea bilateral investment to be driven by SMEs: Citi

Bilateral trade between India and South Korea in 2017 totalled USD 20 billion, and investments have shown an upward trend.

Malaysia's first female investment bank CEO on equality: Q&A

Yang, who began her career as an investment assistant at MIMB Investment Bank Bhd in 1972 and rose through the ranks, has been happily retired since 2002, and now spends much of her time on charity work.

CIMB Niaga records net profit of 1.8 trillion rupiah in 1H18

CIMB Niaga’s loan loss coverage remained comfortable at 106.83 per cent.

NAB withheld victim compensation information, inquiry told

The bank agreed to significantly lift compensation for fee-for-no-service victims but did not tell Asic

Deutsche Bank's McMurdo Says Asia Cuts Are `Largely Completed'

Our core banking team has stayed together, and we expect to be adding to it in the immediate future.

Bank of East Asia joins the mobile payments race as traditional lenders challenge tech firms

The single platform and device will bring in greater convenience for merchants to cater for the needs of the increasingly tech-savvy younger customers who like to make payments via their smartphone.

Banks trim overseas operations to focus on improvement in domestic business

As part of the government's effort, reduction in international business is helping lenders improve focus on domestic growth thereby improving their net interest margins and reducing operating expenditure

NAB's Hagger says bank was 'entirely open and transparent' with ASIC

Under questioning from counsel Michael Hodge, Mr Hagger said the bank had not told ASIC the exact details of higher figure because it was awaiting final sign off from the board of the trustee, which managed the fund.

Citic-backed CLSA nears deals on Asian joint ventures

Agreements expected by end of year in Bangladesh, Vietnam and Pakistan

UOB Looks to Grow in Vietnam

The opening of our local subsidiary marks a milestone for UOB in Vietnam.

NAB issues public apology after week of damning evidence at royal commission

Bank tried to prevent publication of correspondence showing more than 100 potentially criminal licence breaches

RHB Bank mulls S$200m sale of Singapore building

Singapore’s office market is showing signs of recovery after a downturn in the last two years, with growth in both prices and rents.

National Australia Bank charged fees to dead superannuation customers, inquiry told

Banking royal commission hears super trustee deducted fees from deceased members’ accounts ‘for a period’

Homeowners beware: Citibank first to raise mortgage rate in Hong Kong

The move could encourage other lenders to follow suit, bringing an end to 12 years of cheap home financing in the city, observers say