11/15/2022
HSBC Opens New Singapore Headquarters
The new HQ marks HSBC’s long-term commitment to Singapore and recognizes the city-state’s position as the regional hub for wealth management, innovation and sustainability, the bank announced.
Retail Banking
11/08/2022
Bank of Baroda Shares Rise on Surge in Second-Quarter Net Profit
Citi raised its stock target price to INR165 from INR153 and maintained a buy rating.
11/08/2022
Bank of Japan debated impact of future exit from easy policy amid rising prices
“It’s important to continue to examine how future exit strategies (from ultra-loose policy) will affect markets, and whether market participants will be well prepared for them,”
11/07/2022
Westpac releases latest Independent Reviewer reports on CORE program
The Program comprises 19 workstreams, 83 deliverables with 350 activities.
11/04/2022
OCBC Group third quarter 2022 net profit up 31% from the previous year to a new high of S$1.60 billion
Group net profit of S$1.60 billion was 31% higher as compared to S$1.22 billion a year ago.
11/03/2022
Westpac Group extends partnership with Australia Post
The agreement with Australia Post means Westpac is continuing its commitment to fund investment in Bank@Post technology and services.
11/03/2022
Singapore's UOB completes deal for Citi's Thailand, Malaysia retail banking ops
"The acquisition provides us with increased scale and supports our ambition to be the bank of choice for consumers and businesses in Asean,"
11/03/2022
Bangkok Bank’s Kahaboonsirihansa tips Asian equities and alts
The bank’s head of wealth research Surakiat Kahaboonsirihansa is looking to diversify clients’ portfolios, while also tapping into attractive regional themes including the economic reopening and growth in renewable energy investment.
11/03/2022
Barclays builds up Asia business, sees growth in India and Australia
The bank mainly caters to corporate and institutional clients in Asia and has hired about a dozen senior executives over the past two years to beef up its investment bank, markets unit and private banking business.
10/28/2022
Higher Interest Rates Fuel Record Profit at UOB
In the first nine months of 2022, UOB's net profit reached S$3.4 billion, up 12 percent compared to the same period last year.
10/27/2022
ANZ 2022 Full Year Result & Proposed Final Dividend
ANZ Plus in market with deposits growing at a faster rate than any other new digital bank in Australia; fully digital home loan product expected to pilot next month.
10/25/2022
ADB gives crisis-hit Pakistan $1.5 billion loan
The country was suffering from massive floods, high prices, rising food insecurity, falling business activity
10/18/2022
DBS joins LCH SwapClear as the first direct member in Singapore
By joining LCH SwapClear as a direct member, DBS will be able to post Singapore Government Bonds as collateral, marking the first time a global offshore clearing house has accepted this asset class as eligible collateral.
10/14/2022
CBA Emergency Assistance for flood affected areas in New South Wales, Victoria and Tasmania
Commonwealth Bank is providing Emergency Assistance to flood-affected areas across Australia’s east coast.
10/11/2022
BSE’s top volume performer in Securities Lending
Deutsche Bank is India’s leading custodian offering execution services in lending of securities in the SLB segment.
10/10/2022
BDO recognized as best bank in Philippines
Alpha Southeast Asia evaluated the performance of financial institutions from a business and strategic performance perspective including major strategic initiatives such as digital transformation and new business launches.
10/10/2022
DBS launches polytechnic apprenticeship programme
In each year of study, students on the DBS FinTech Apprenticeship Programme will attend masterclasses delivered by the bank’s senior engineers to gain exposure to how technology is being deployed in the banking and financial sector.
10/06/2022
RHB Bank Cambodia aims to become SME bank of choice by 2024
Following its successful implementation, RHB Cambodia was recently recognised with two prestigious awards namely, Most Innovative Retail Bank and Most Innovative New Financial Literacy Mobile App for its goWave Lite app, at the International Finance Award
10/05/2022
HSBC mulls ditching Canadian business amid Ping An breakup pressure
Chinese insurer Ping An has been lobbying HSBC for months to demerge its Asian business, which generates most of the group’s profits.
10/04/2022
DBS, UOB raise fixed home loan rates further to 3.5% and up
DBS last raised its interest rates on all fixed-rate home loan packages to 2.75 per cent per annum, from just 1.65 per cent for a two-year fixed loan and 1.85 per cent for three-year loans previously.