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.
05/06/2020
They have also tapped a Monetary Authority of Singapore facility for Enterprise Singapore loans that lend at an interest rate of 0.1 per cent.
05/06/2020
PNB will engage with its external fund managers to help meet the target, and some of its employees will also be seconded to those outside firms.
05/05/2020
While spending remains well down from a year ago, CBA’s latest credit and debit card data shows early signs of improvement, especially online.
05/04/2020
The agriculture-related outstanding loans of the bank stood at 1.31 trillion yuan at the end of March, up 45.2 billion yuan from the end of 2019.
05/04/2020
Merger strengthens IMB distribution capability and increases ties with
05/04/2020
The profit plunge adds to a dismal earnings season for Australia’s biggest banks, which have historically been among the world’s most profitable.
05/03/2020
Hundreds have taken to the internet to protest the lender’s handling of the contract rollover and to demand it assume some of the shortfall.
05/01/2020
Technology has helped the insurance, brokerage and wealth management industries scale up and reach more customers with their services.
04/30/2020
Fintechs can publish their APIs on the marketplace alongside the bank's, allowing anyone on the platform to consume other fintechs' APIs as well.
04/30/2020
Consumer loans, however, shrank by 1.4 per cent to $258.23 billion last month from $261.93 billion in February
04/29/2020
The transaction includes the broking operations, licence and assets of AUSIEX.
04/27/2020
BNZ's cash earnings of $562 million compare with $532 million in the previous first half.
04/26/2020
Japanese banks have been struggling to boost profits under a policy of aggressive monetary easing that has seen the central bank guide short-term rates toward -0.1% and the 10-year government bond yield to around 0%.
04/26/2020
Manokore said the program also empowers importers with insight and control of the entire importing and logistics process.
04/23/2020
Business activity is falling faster in April compared to March, according to initial results of the latest CBA Purchasing Managers Index.
04/22/2020
Online learning, and health and fitness spending intentions increase as Australians make changes to their lifestyle amid the coronavirus pandemic.
04/21/2020
Citi says India's budget gap will be about 8% of the GDP, the widest since 1987.