Managers of Wealth Asia Pacific

ANZ CEO says platforms and ecosystems will play a greater role in both wholesale and retail banking

Consider our institutional platform: we have become the largest provider of bank infrastructure to other banks.

UOB prices 750m euro fixed-rate covered bonds due 2029 at 0.1%

"Very high quality orders" from central banks, official institutions and fund managers took up 60 per cent of the final allocations.

CBA predicts digital wallets set to become the most popular contactless way to pay

When shopping in-store, Aussies to choose digital wallets as their preferred way to pay compared to tapping a card, according to latest figures from CBA.

Japan's top lender MUFG reports 47% rise in annual profit

Profit for the year ended in March came in at 777 billion yen compared with 528.2 billion yen a year ago, MUFG said in a statement.

CBA transforms its ecommerce offering with BigCommerce partnership

From design to sales, CBA merchants now have access to a ‘one stop shop’ for their online business.

NAB’s cash earnings up in 1H21

“The result, and our growing confidence in the outlook, have allowed us to lift the 2021 interim dividend to 60 cents per share,”

United Overseas Bank 1Q Net Rose 18%

UOB said that its liquidity and funding positions remained robust and that it saw the business outlook cautiously improving.

UOB says keen to review Citi assets; Q1 profit up 18% on record fees, smaller impairment

We are always open to acquisition opportunities.

Citi's Australia retail unit draws interest from major local banks

The US lender said last month that it would exit retail banking in 13 markets across the Asia-Pacific region, Europe and the Middle East as new chief executive Jane Fraser undertakes a wider strategy refresh.

Spotlight on NAB half year results

“Here in Australia, the economy has returned to pre-pandemic levels and we are expecting GDP growth of 3.7 per cent this calendar year,”

Huarong: ICBC to the Rescue

ICBC’s reported loan follows previous reports of assurances from the regulator of the payment due on April 27 and a deep credit rating cut by Fitch.

Citi retail units seen fetching $6bn as sales kick off

Citigroup ultimately plans to exit retail-banking operations in Australia, Bahrain, China, India, Indonesia, South Korea, Malaysia, the Philippines, Poland, Russia, Taiwan, Thailand and Vietnam

Viet Capital Bank to issue JCB Corporate Credit Card

Viet Capital Bank becomes the first Vietnamese bank to issue JCB Corporate Credit Card.

BRI Wins 2021 Syndicated Financial Institution Deal of the Year by APLMA

The APLMA is a professional institution with members from financial and non-financial institutions in Asia Pacific that actively participate in the loan market.

Citi to exit consumer banking in Australia

"As a result of the ongoing refresh of our strategy, we have decided that we are going to double down on wealth,"

HSBC Shifts Top Execs to Hong Kong

The bank is undergoing restructuring to further focus its resources on growth opportunities in the region.

Bad debt of China's banks mounts by 22 pc

The nonperforming debt stems mainly from the manufacturing, wholesale, retail and service sectors

Citi Asia Pacific Wins Best Bank and Digital Bank of the Year from The Asset Magazine

These awards represent exceptional recognition of our team's focus on delivering solutions across Asia Pacific through a time of challenge.

Australians choose to shop local and smart

New research from CommBank Rewards shows more than eight in ten Australians intend to shop locally in future.

Philippine local currency bond market grows almost 30% in 2020, ADB says

The Philippines’ government introduced 1.3 trillion pesos of stimulus to stem economic fallout from the pandemic.

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