Branch Banking

Australian regulator revokes Citigroup’s banking license

This follows after CPL’s consumer banking business was acquired by NAB.

Taiwan banks ordered to take measures to safeguard elderly customers

Regulator urges banks to treat elderly customers fairly and reasonably.

Standard Chartered opens US$40m Greater Bay Area Centre in Guangzhou

More than 700 employees are now based in the GBA Centre.

OCBC NISP transforms its branch into a financial fitness gym

This is the bank’s way to instill the “FinanciallyFit first, CrazyRich later” mindset to the younger generation.

Taiwan’s bad loans shrank by $2.03b in January

NPL ratio for 39 domestic banks is now at 0.16%.

Citi to hire 200 bankers in next three years

Majority of the hires will be from China, Hong Kong, India, and Singapore.

BEA closes 2021 with 45.8% surge in attributable profits

The bank got a boost from a significant reduction in impairment losses.

Dah Sing Bank announces more temporary closure of branches

The bank recently closed its Causeway Bay branch.

OCBC closes 2021 with 35% surge on profits

Proposed final dividend was increased to 28 cents per share.

HSBC appoints former JP Morgan exec as new COO

The new COO has experience in AI and analytics for business operations

Dah Sing Bank shuts down 10 branches amidst rising COVID-19 cases

Customers are urged to visit other open branches or use alternative channels.

Citi Commercial Bank bridges cultural gap with China Desk initiative

The desk opens Singapore to mid-sized Chinese firms seeking to penetrate ASEAN.

Eight in 10 ATMs in APAC are now automated deposit machines: RBR study

Over 1.4 million of 3.1 million ATMs globally now accept automatic note deposits.