Markets
South Korean financial institutions spent US$935m in social contributions in 2019
Microcredit lending comprised the lion’s share of US$461m.
South Korean financial institutions spent US$935m in social contributions in 2019
Microcredit lending comprised the lion’s share of US$461m.
J.P. Morgan to operate China's first fully foreign-owned futures business
This is part of China’s bid to open its financial market to foreign players.
Philippine banks have solid defences against COVID-led risks: analysis
The resilience of large corporates is key to quelling credit losses.
Singapore to elevate hub status with new digital banking regulation
A more flexible Payment Services Act makes it easier for fintechs to apply full operations in Singapore.
APAC emerging market banks' fate rests on sovereign support: Fitch Ratings
They are likely to deteriorate deeper should governments fail to mitigate fiscal risks.
Chinese banks to give up $211b in profits, face asset yield decline
They are likely to surrender up to $197b in income.
Weekly Global News Wrap: Swiss National Bank likely to keep low policy rate; Goldman Sachs pledges further $250m aid
And Commerzbank rebuffs Cerberus demand for seats in supervisory board.
Chinese banks face headwinds in Q1, but asset growth rebounds
Asset quality tightened but is yet to reflect the effects of the pandemic.
Small banks in Malaysia, Singapore under threat as neobanks emerge
Small banks could lose market share as digital newcomers target underserved segments.
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.
ADB, UN ESCAP boost partnership amidst pandemic
The two organisations will work together to address COVID-caused issues in Asia.
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.
Risk-averse investors push Singapore bank deposits up
Foreign currency deposits skyrocketed to $19b (S$27b) in April.
India may inject almost $20b into state-owned banks
A final decision could be made in H2 of India’s fiscal year.
Singapore big three's total dividends to decline 3.1% in 2020
UOB is expected to suspend its special dividend for the fiscal year.
Stable playing field a gain for Singapore banks: report
High credit costs can be covered by profits.
Asian banks face consolidation as fintechs, neobanks usurp market
Banks’ hopes for survival lie in the US$100b of new revenue opportunities, reports McKinsey & Co.
Thought Leadership Centre
In Association with
In Association with
Most Read
1. Public Bank's LPI Capital purchase may boost earnings, ROE 2. Airwallex Capital launches Airwallex Yield for asset management 3. Citi, Mastercard launch global cross-border payments 4. Why Philippine banks, insurers embrace hyper-personalized services 5. Hong Kong to rename ‘virtual banks’ to ‘digital banks’Resource Center
Read Here
Advertise
Sign Up
Event News
Event News
Why Philippine banks, insurers embrace hyper-personalized services
![Why Philippine banks, insurers embrace hyper-personalized services]()
Insurance
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.
Videos
Partner Sites
Thought Leadership Centre
In Association with
In Association with
Commentary
Breaking barriers: Building the future of cross border payments in Southeast Asia
AI Governance: Navigating the Balance Between Innovation and Ethics