Managers of Wealth Asia Pacific

Stan Chart to distribute Blackrock fund onshore

In total, Standard Chartered in China distributes around 200 QDII products managed by 10 foreign asset management firms.

OCBC and DBS have just been named the best consumer bank and SME bank in the entire world

Singapore and South-east Asia’s largest bank, DBS, was also named the best bank for small and medium enterprises (SMEs) – a new category introduced this year – at the ceremony over the weekend.

India’s banking and real estate woes to hurt Gulf NRIs

Slump in India’s real estate values and safety of deposits worry NRI investors

Online payment facility for BOI customers

It is not only the customers of BOI who stand to gain from this initiative, but it also improve the internal efficiencies within BOI where activities related to physical payment acceptance and reconciliation will be reduced dramatically.

Select Singapore Banks to be Authorized to Offer Chinese Bonds

Select lenders in Singapore will be authorized to provide trading, settlement and custody services for Chinese interbank bonds on behalf of foreign investors.

Citibank Taiwan gives clients access to 14 currencies

Clients who activate the “Citibank Global Wallet” would be able to buy the foreign currencies at preferred rates online, and can withdraw them at ATMs overseas or make transactions through debit cards when traveling abroad, Hu said.

Bank of Baroda enters into partnership with Paisabazaar.com

Bank of Baroda presently offers home loans linked to repo rate with rates starting @ 8.10%. As on 31st March 2019

Efma and Accenture Announce Winners of Customer Insight & Growth Banking Innovation Awards

The winners were selected by a panel of judges comprising senior retail bankers from around the world and by Efma members and non-members from retail institutions who voted online.

2019 Commonwealth Bank Annual General Meeting: chairman's Address

Full text of chairman Catherine Livingstone's address to shareholders at Commonwealth Bank's 2019 Annual General Meeting.

DBS Considers Joining Race for Bank Permata Indonesia

Shares of Permata jumped as much as 3.9% on Wednesday afternoon in Jakarta to the highest level since February.

Honeymoon over for NAB as rising compensation bill bites

Many are no longer feeling the love after the bank hiked its annual compensation bill to $2 billion arising from the Hayne commission, and saw its share price slide around 7 per cent over the next several sessions.

NAB hit with extra billion in remediation

The key items giving rise to increased provisions by NAB for customer remediation are adviser service fees charged by NAB advice partnerships.

Saga of China’s Bank of Jinzhou raises questions about the health of Chinese banking sector

China’s troubled Bank of Jinzhou is seeking to raise 6.2 billion yuan (US$866 million) just two months after it secured a 3 billion yuan (US$419 million) bailout

Commonwealth Bank insurance arm CommInsure to face ‘hawking’ charges

The Commonwealth director of public prosecutions, which is prosecuting the case, said it was unable to comment on matters before the courts.

CBA announces completion of Count Financial divestment

CBA is committed to continuing to support and manage customer remediation matters arising from past issues at Count Financial.

HSBC continues its commitment to building Asian Wealth Business

Martin said in an interview that “We continue to double down on Asia, pivot to Asia, grow Asia wealth.

Singapore Bank Lending Up Slightly

Total business loans grew 1.1 percent to S$422.7 billion in August versus a month ago while total consumer loans fell 0.2 percent to S$262.1 billion in August, marking the fourth straight month of contraction.

Commonwealth Bank: Australia is well-positioned to be a leader in cyber

The GM of the yellow bank's cybersecurity centre wants the nation to take advantage of its current position, and export cyber talent and innovation to the rest of the world.

Data will help ASEAN banks fend off challengers

A recent Accenture report on the largest 161 retail and commercial banks globally highlighted that digital leadership in banking drives superior economic performance and that banks which have embraced technology and digital transformation are rapidly outp

Morgans snaps up CommSec Advisory business

CommSec Advisory offers financial advice to clients, including high-net worth clients and self-managed super funds.

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