News
Malaysian banks hike salaries by up to 12% for 20,000 employees
Malaysian banks hike salaries by up to 12% for 20,000 employees
Banks also have to grant 0% interest for the first $24,414 in staff housing loan.
Are Singapore banks bracing for another O&G nightmare amidst Coastal Oil troubles?
The indebted crude oil supplier owes the three Singapore banks a combined US$172.1m.
Weekly Global News Wrap Up: Slow start to fintech revolution as only 4 new UK banking licenses issued in 2018; Deutsche cuts bonus pool by about 10%
And an estimated $1t in UK bank assets left Britain following Brexit.
Chart of the Week: Singapore bank revenues may rise 9% in 2019
Loans and balance sheet leverage will be the growth drivers.
India's Bandhan Bank gears for $11.7b merger
The deal will create one of India’s largest rural and semi-urban lending platforms.
Hong Kong banks loan growth rebounds 5.2% in November
Business sentiment recovered mildly as corporates ramped up borrowing.
Singapore banks' earnings turnaround hit by steep funding costs
NIMs have inched up by 2-12 bp since 2015 even as the 3M SIBOR soared 58bp.
It's the most wonderful time of the year!
We're taking the time off!
Deutsche Bank sees exodus of 30% of workforce in Singapore and Hong Kong
This translates to almost 50 investment bankers leaving in the past six months.
Weekly Global News Wrap Up: Can global bank stocks bounce back in 2019?; Saxo Bank to buy Dutch online lender for $480m
And here's how Brexit is affecting Credit Suisse's wealth management strategy.
Chart of the Week: New Zealand proposes ambitious $9b bank capital buffers
The central bank is putting forward a prudential capital buffer of 9-10%.
Hong Kong banking industry needs to amp up skills on fintech and cybersecurity: study
Only 2 in 5 industry professionals have gone through fintech training courses.
More than half of Hong Kong banking professionals willing to work in GBA cities
Those employed in senior management positions are the most willing to transfer.
Philippine banks' bad loan ratio to hold steady at 3.5% in 2019
Strong capital buffers can help weather volatile currency risks.
Australia's big banks profited $792m by subverting mortgage cap: regulator
The banks were accused of accomodative pricing behaviour.
Dementia sufferers catch Japanese banks off guard
Japanese residents with dementia will hold $2t in financial assets by 2030.
Chart of the Week: Australia and Hong Kong banks hit by negative property sentiment
The decline in property prices may drive loan impairments up.