News
Chart of the Week: Health and safety concerns drive card payments growth in New Zealand
Card payments are expected to rise at a CAGR of 1.8% to $66b by 2024.
Singapore banks' risks abated as circuit breaker measures ease
Hong Kong’s political woes may also drive wealth business and deposits to the island’s banks.
Hong Kong residents dash for offshore accounts amidst China security law
HSBC and Standard Chartered have seen high surges in enquiries.
Easing rules on public funding delivers capital relief for Japanese banks
But it does not solve the long-term problem of weakening profitability.
China's new funding facilities carries risk asset for eligible banks
Credit risks will still accumulate from inclusive loans, analysts warned.
Hong Kong regulator launch job programme for local financial industry
It will offer 300 roles for students graduating in 2020 with a bachelor’s degree.
MAS debunks report of large deposit flow from Hong Kong to Singapore
Don’t just refer to foreign currency deposits, Singapore's regulator said.
CBA rolls out ‘acceptable use policy' to restrict abusive digital banking
Transactions can be refused and services suspended if a customer is found harassing others.
ADB, UN ESCAP boost partnership amidst pandemic
The two organisations will work together to address COVID-caused issues in Asia.
South Korea's fiscal stimulus to carry lasting headwinds
It will reduce loan defaulting, but also loosens credit standards.
Finance firms must prepare for extended period of risk management: MAS
Close to 85% of the financial industry worked from home during the circuit breaker.
Weekly Global News Wrap: Morgan Stanley shunned by Aramco for advisory role; JP Morgan, Barclays settle Mexico bond lawsuit
And Credit Suisse shrugs off oil & gas exposure.
CIMB Singapore customers band together to protest mortgage hike
More than 60 customers now comprise the group.
Chinese regulator's MSE loans buy won't help regional banks' capital
But ChongQing Rural Commercial Bank and Bank of ChongQing will slightly benefit.
Risk-averse investors push Singapore bank deposits up
Foreign currency deposits skyrocketed to $19b (S$27b) in April.
Personal loans, NBFCs anchor surge in Indian outstanding bank credit
Both segments comprised 73% of incremental credit in April.
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