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BPI revenues up 6.7% to $1.33b in Q4
Higher net interest income contributed to strong quarterly earnings.
BPI revenues up 6.7% to $1.33b in Q4
Higher net interest income contributed to strong quarterly earnings.
Punjab National Bank shuts down nearly all operations in fraud-hit Mumbai branch
Only retail operations are said to remain operational at the Brady House branch.
MUFG Bank to add 100 private bankers in securities venture with Morgan Stanley
The bank aims to have around 280 financial advisers in the next three years.
Guiyang Rural Commercial Bank capital wiped out after tightening loan rules
Surging bad loans pushed CAR down from 11.8% in 2016 to below 1% by end-June.
Hang Seng Bank to use fintech in credit risk assessment by Q4
Fintech and big data will be used in assessing loan applications.
Deutsche Bank zeroes in on India's bad loans
The German lender is hoping to generate massive returns by refinancing and trading debt.
CIMB Singapore debuts online application for SGD fixed deposits
It will offer promotional rates for the deposits until 31 July.
Citi launches digital reskilling programme
About 400 staff will begin training over the next 12 months.
HSBC Singapore rolls out investment advisory platform for high net worth depositors
Clients with at least $1.2m in deposits also gain access to a luxury lifestyle concierge.
JPMorgan to beef up Chinese investment banking team by up to 50%
It seeks to expand investment banking coverage to tech firms.
ANZ exits another market with pullout from Papua New Guinea
The bank is concentrating on institutional and corporate banking.
RHB Bank waives instant transfer fees on online platform
Individuals and SMEs will no longer have to pay $0.12 for payments up to $1,241.48.
RCBC refuses to settle with Bangladesh over $81m heist in 2016
Hackers channeled stolen funds from Bangladesh Bank’s account at the Fed to RCBC.
DBS on track to launch Indian subsidiary by October
The bank is only waiting for final greenlight from the central bank.
Woori Bank acquires financial institution in Cambodia
The bank renamed the combined entity as WB Finance.
Citi hops aboard Hong Kong's chatbot race with planned Facebook Messenger chatbot
Customers will soon be able to check account balance via the messaging app.
Standard Chartered tapped for Alipay's blockchain cross-border remittance service
It will act as the settlement bank for AlipayHK and GCash.
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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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