Managers of Wealth Asia Pacific

Banking on a FinTech Future

Most customers will transfer funds, make payments and check account balances through their mobile app.

She therefore welcomes moves such as the recent introduction by the Hong Kong Monetary Authority of the Faster Payment System, which connects banks and stored-value facilities to a new integrated payment platform, enabling instant transfers across

Frequent withdrawals will impair your Employee Provident Fund

The EPF corpus will help in your post-retirement life and for any emergency or special situation

Chinese banks boost fintech spending and launch services to counter competition from internet giants

China Construction Bank and China Merchant Bank use fintech to deliver cross-border services in the Greater Bay Area

How the banks keep the sweetest morsels

Broken down to its essence, this statement declared that Westpac was not only exiting a business heavily exposed to an increasingly costly regulatory burden, but that it was also drawing a line under acknowledged and potential losses.

Trade war, Brexit could slow Asia's growth: ADB

For 2020, the region is forecast to grow 5.6%, which would be the slowest since 2001.

Japan’s banks can’t blame BOJ for their problems, new head of lobby says

Although Takashima said he agreed with much of his predecessor’s comments, he stressed that banks themselves were responsible to execute their businesses under the central bank’s monetary policy.

StanChart vies for a bigger play in Singapore with latest consolidation move

The consolidation move is expected to be completed by May 13, 2019.

Hong Leong Bank named Best SME Bank in Malaysia

“HLB continues to be at the forefront in adapting revolutionary and viable digital solutions to improve our SME customer’s banking journey by equipping them with the right solutions, helping them grow their businesses.”

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

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.

BIDV named as Best Retail Bank in Vietnam for five consecutive years

The ranking was up 44 places against 2018.

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

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.

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.

BBL offers QR payments in Japan

Next phase extends service across Asean

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*

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.

NAB repays customers another $110 million

The enormity of this task is not lost on me, because the royal commission is right.

Woori Bank, witness to Korea’s modern economic history

Government officials and local merchants also contributed to its launch as shareholders

Retail Banking