08/31/2020
Bad debt wave drags China's big banks to their worst profit drop
The banks also warned that the second half would continue to be challenging.
Retail Banking
08/28/2020
Maybank Q2 profit drops 52%
Malaysia's economy shrunk 17.1 per cent in the second quarter, plunging into its first contraction since the 2009 global financial crisis
08/27/2020
Small Bussines Get Funds In Minutes With Bizexpress Online
This digital transformation of CBA’s BizExpress product has been fast-tracked to help small businesses
08/26/2020
Reinventing banking: A look at DBS Bank’s digital transformation journey
DBS Bank is investing in digital technologies to automate processes while eliminating complexities of banking for enhanced customer experience, says Siew Choo Soh, MD & Group Head of Consumer Banking and Big Data/AI Technology
08/23/2020
The Taiwanese exception
Macau is a highly profitable market for the banking sector. The exception comes from Taiwan’s Hua Nan bank
08/21/2020
Renewed Restriction Hit Business Activity
Australian business activity fell in August
08/17/2020
Chinese bankers in Hong Kong could soon outnumber global rivals
Lenders including CICC have boosted headcount in city despite political tumult
08/14/2020
Standard Chartered wins awards
Last year, Standard Chartered Taiwan delivered significant growth in income and operating profit.
08/14/2020
Cash earnings fall, MLC sale pending: NAB
Any transaction, be it a public float or private sale of the business, remains subject to market conditions and regulatory approval, NAB said.
08/14/2020
Two More Major South Korean Banks Keen on Crypto Custody
Shinhan had intended to build a network of ”crypto storage vaults” – a plan it may now seek to re-explore with banks now relatively bullish about their chances of at least catering to the needs of professional investors with an interest
08/13/2020
Commonwealth Bank Full year 2020 highlights
Full year dividend of $2.98 per share, paying out $5.3 billion to our shareholders this year
08/07/2020
UOB reports S$1.56 billion in net profit for first half of 2020; maintains strong balance sheet amid challenging economic conditions
Sets aside S$379 million allowance in second quarter in view of COVID-19 impact
08/07/2020
China’s Big Four Banks Test Digital Yuan
Some employees are already using the digital yuan to make transferrals and bill payments
08/04/2020
StanChart’s Asia Human Capital Rejig
The bank noted that it was a «key employer» in Singapore’s financial industry and quantity aside, it highlighted a qualitative focus and commitment to growing «future-ready talent».
08/03/2020
UOB Launches Finance Academy
Participants will also sharpen their financial acumen through modules that encourage an analytical approach to evaluate strategies and risks, as well as accounting and bank financial analysis.
07/29/2020
Westpac Update on Threshold Transaction Report filings
Westpac’s 2020 Interim Financial Results noted that the Group had self-reported TTR issues to AUSTRAC
07/29/2020
Westpac to bring 1,000 jobs back to Australia
This will mean when a customer calls us, it will be answered by someone in Australia.
07/29/2020
Nab Cracks Down On Unlicensed Debt Management Companies
We will continue to work with customers who are unable to make repayments to find the right solution for them
07/28/2020
CBA Teams Up With Strategic Partners To Offer New Digital Services To Customers
The new partnerships coincide with the announcement of X15 Ventures’ fourth new venture, Backr.
07/24/2020
CIMB's all-digital bank model in PH set to achieve 500% deposit growth in 2020
The challenges this pandemic has presented to us have only fueled us to do more as we continue to find ways to support our customers, with our commitment to leading Filipinos into financial freedom.