03/27/2019
Merchants Bank Exposed to $414 Million Investment Loss in U.K.
Merchants Bank managed 1.96 trillion yuan of wealth-management products as of end of 2018
Retail Banking
03/26/2019
Westpac customer refunds could top half a billion dollars in first half
Westpac CEO Mr Brian Hartzer said: “A key priority is to deal with outstanding remediation issues and refund customers as quickly as possible.
03/24/2019
BIDV named as Best Retail Bank in Vietnam for five consecutive years
The ranking was up 44 places against 2018.
03/24/2019
ADB readies for face-off with AIIB, NDB in India
The move to touch base with the creme de la creme of the development professionals in India
03/21/2019
StanChart to inject over US$2.5b capital into Singapore unit in business transfer
This is in addition to its retail banking business, which is currently operating under the unit.
03/18/2019
CIMB Thai Bank Public Company Limited Is Yet to See Trading Action on Mar 17
Even if the meltdown had begun with Thailand’s financial woes, the country has since then emerged victorious in the recovery process, successfully overcoming all the economic challenges.
03/18/2019
BBL offers QR payments in Japan
Next phase extends service across Asean
03/15/2019
Standard Chartered sets up digital business platform for Indian SMEs
This technology platform will be one of the first to provide holistic solutions to SMEs in India, where this sector contributes approximately 30% of GDP and 45% of exports*
03/14/2019
Australia's CBA halts demerger amid mortgage broker uncertainty
The halt comes ahead of a federal election expected in May which has cast doubt over the mortgage-broking business model, with the Labor opposition vowing to cap most broker commissions and ban certain others to remove conflicts of interest.
03/12/2019
NAB repays customers another $110 million
The enormity of this task is not lost on me, because the royal commission is right.
03/12/2019
Woori Bank, witness to Korea’s modern economic history
Government officials and local merchants also contributed to its launch as shareholders
03/11/2019
China’s biggest lender starts local operations
This comes after the China-based lender registered with the Securities and Exchange Commission in August last year and secured a banking license from the central bank in November.
03/11/2019
Global Retail Banking Market Trend 2019 – BNP Paribas, Citigroup, HSBC, ICBC, JPMorgan Chase, Bank of America, Barclays
The report offers a comprehensive evaluation of the market.
03/08/2019
ABN AMRO strengthens support for its Corporate & Institutional Banking clients with branch opening in Australia
With the Sydney branch, ABN AMRO offers these clients on-the-ground expertise and services supported by access to a global sector bank."
03/07/2019
Mandiri eyes deal for US$2 billion StanChart-backed rival
It is considering buying control of Permata and then merging the lender with Mandiri itself or its unit PT Bank Mandiri Taspen, known as Bank Mantap, the people said.
03/07/2019
Kenya bank to open office in China to facilitate Sino-Africa trade
The regional bank also plans to introduce Chinese yuan in all its countries of operations by the end of the year
03/05/2019
CitySavings completes merger with PR Savings Bank
PR Savings Bank will cease to exist after this merger
03/05/2019
Indonesia to see more mergers, acquisitions of banks this year
The high number of banks poses a difficulty in supervision for regulators, particularly the Financial Services Authority
03/01/2019
Malaysia's CIMB logs 5.4 pct bump in Q4 profit on commercial banking boost
The bank expects loan growth for this year to be around 6 percent, and is optimistic about operations in Malaysia and Indonesia.
03/01/2019
New interim CEO of Australia's NAB expects "obsession" with customers
His first day in the top job coincided with the arrest of a former supplier who is accused of defrauding NAB of millions of dollars.