Managers of Wealth Asia Pacific

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

Saudi Aramco, Malaysia's Petronas tap banks for jumbo financing - sources

The two firms issued a request for proposals to banks last month and are now in preliminary discussions for a self-arranged loan

UOB celebrates opening of fully-owned subsidiary in Vietnam

UOB had been operating under a branch licence since July 18, 1995

Australia's big four banks and AMP have had to pay or offer $222m to customers

Fee-for-no-service scandal grows as royal commission focuses on superannuation charges

NAB’s super business fronts RC

The current round of Royal Commission hearings will run for two weeks.

Hang Seng WM income up 13%

She said the analytics promote tailored financial management solutions and accommodates changing customer needs.

Nomura Australia back in the red, sags to eighth loss in past decade

Jon Linton says Japanese investors are among the "biggest users" of Australian investment products.

Citi Indonesia Crowned Best Bank in Asia by Euromoney Awards for Excellence

The "Best Bank in Asia" award comes a week after Euromoney announced Citi globally as "Best Investment Bank", "Best Bank for Financing" and "World's Best Bank for Corporate Responsibility".

IFC Invests $150m in Bank OCBC NISP's Green Bond

The green bond is also expected to support government programs aimed at achieving a 29 percent reduction in greenhouse gas emissions by 2030.