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OCBC's net profits up 34% to S$1.24b in Q4 2019
Core net profit leapt 10% to S$4.9b in FY 2019.
Bank of East Asia's profit plunges 49.9% to $411m in 2019
The decline was attributed to an increase in impairment losses in Mainland China.
MUFG prices world's first ESG-linked issuance for Sydney Airport
It is also the world’s first US Private Placement issuance.
HSBC staff have qualms over bank's revamp
The bank’s commitment to the overhaul was questioned due to Quinn’s interim status.
HSBC profits crash 53% to $6b in FY2019
A goodwill impairment of $7.3b dragged down their profits.
Can Ping An Bank weather weakening interest rates?
Its retail lending clients are less sensitive to borrowing rates..
ZA Bank cools off price war talks: report
It offers an introductory deposit rate of 6.8%.
Standard Chartered opens international banking and priority private centre in Singapore
It caters to clients with a minimum AUM of $1.5m.
High-yield non-financial Asian firms' default rate to rise 2.4% in 2020
China has been seeing an increased tolerance of defaults.
Wells Fargo mulls slashing 700 jobs in Manila
A portion of these roles will be moved to India.
Baoshang Bank's asset sale will dampen contagion risk: Moody's
Huishang Bank plans to buy some of its assets and form a new bank.
Indonesia's central bank adopts Refinitiv Auctions for domestic NDFs
Refinitiv Auctions facilitated over $1.23t in 2019.
Hang Seng Bank floats relief measures for COVID-19 affected clients
Principal payment deferrals are offered for SMEs and commercial banking clients.
DBS Group's profits up 14% to $4.61b in 2019
A 17% growth in fee income boosted income in Q4.
HSBC earmarks $3.9b in liquidity relief for businesses
It is easing borrowing terms to aid companies affected by the coronavirus outbreak.
DBS expects net profit of $1.4b for Q4 2019
Quarterly earnings report will be out by 13 February.
Mastercard, Dah Sing Bank, BBPOS launch mobile payment app for SMEs
Tap on Phone allows merchants to accept contactless card payments.
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Why Philippine banks, insurers embrace hyper-personalized services
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Industry experts push for the rapid progress of unified customer data as a starting point.
Industry experts push for the rapid progress of unified customer data as a starting point.
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