06/04/2020
It’s questionable whether seeking better growth opportunities overseas offers a path out of their troubles, though, especially when coronavirus lockdowns have devastated economies across the globe.
06/04/2020
Commonwealth Bank is taking steps to address the issue of technology-facilitated abuse to provide a safer banking experience for customers.
06/03/2020
ANZ has for several years tried to sell UDC, and in early 2018 nixed a NZ$660 million ($461 million) deal with Chinese conglomerate HNA for the business
05/27/2020
The policy-based loan will help the Southeast Asian economy grow its government and corporate bond markets and expand its investor base
05/26/2020
It is also planning to further invest in growth areas like Asia and the Middle East.
05/26/2020
It is understood the board's review of what is already the biggest overhaul in the bank's 155-year history will involve deeper job cuts.
05/25/2020
The latest award comes after the bank was named Best Islamic Bank in Brunei by Global Finance Magazine and Best in Islamic Finance Asia Pacific 2020 by the International Investor.
05/25/2020
It remains unclear whether the OFBank will actually be “the first” all-digital banking platform in the country.
05/25/2020
The full effects of rate cuts across key markets will show in 2Q income, with net interest margin expected to compress 15bps in the current rate environment, Maybank said in its outlook for 2020.
05/25/2020
The relocation and expansion of the Toul Kork branch affirms Maybank’s assurance that there is no disruption to any of its services arising from the outbreak of COVID-19.
05/22/2020
"Chris's appointment will help us deliver on this strategy."
05/18/2020
Resona Holdings Inc. said it expects to post a net profit of 120 billion yen, down 21.3 percent.
05/18/2020
Public sector Canara Bank said on Monday it has launched a business vertical dedicated for gold loans to meet emerging financial needs of customers in view of the current challenges and uncertainties.
05/18/2020
NAB to hire 400 staff to help assess COVID customer status
The bank later confirmed more than 500 customers had reversed their home loan repayment pause to date.
05/17/2020
With branches shut, customers social distancing and fearful of tainted cash, the brick-and-mortar giants are seeing a surge in demand for digital services for everything from wealth management to insurance.
05/14/2020
The platform gives them transparency via a price-finding mechanism.
05/13/2020
Commonwealth Bank of Australia has today released its trading update for the quarter ended 31 March 2020.
05/12/2020
The Digital Adviser has a minimum investment of RM500,000 ($115,000), while corporate investors who use the Fund Direct feature must meet the minimum investment requirements of the respective UOBAM-managed funds.
05/11/2020
Excluding Covid-19 related provisions, the profit after tax would have been Rs 3,260 crore (US$ 431 million)
05/08/2020
General allowances also soared to $382 million from $17 million previously, which includes forward-looking macroeconomic variable adjustments to buffer for stresses expected against the recessionary market outlook.