Markets

India's central bank chief calls for tighter scrutiny of state-run banks

RBI has limited sway over state-owned lenders, who control 60% of the banking sector.

India's central bank chief calls for tighter scrutiny of state-run banks

RBI has limited sway over state-owned lenders, who control 60% of the banking sector.

Sri Lankan banks' bearish outlook to extend until end-2019

The country is still reeling from the aftermath of the Easter Sunday attack last April.

How did Japan's banks survive without passing on negative rates?

Despite tight margins, Japanese banks have higher survival chances than European banks.

Central Bank of France to open first Asian office in Singapore

It aims to forge closer relations with APAC central banks and financial authorities.

Rocky road ahead for profits of China's smaller banks

Their reliance on government bonds and lack of structural change are worrisome in the long-term, according to Natixis.

Indonesia's wealth management prospects brighten over affluence growth

Mass affluent individuals are expected to grow to 1.6 million by 2022.

Philippine household lending grew 26.2% in September

This was due to growth of motors, credit card, and salary-based consumption loans.

MAS, Bank Indonesia extend $10b bilateral financial agreement

The deal allows the two banks to access foreign liquidity from each other.

Hong Kong bank profits may take hit amidst protests: report

Asset quality will also weaken, according to analysts.

For better or worse: Chinese banks court risk in deepening ties with insurers

Insurers are lining up to snap up perpetual bonds, with $32.14b of such instruments already hitting the market.

Big Thai banks keep payouts low to boost capital

Capital positions are well beyond regulatory requirements.

Singapore banks hit average dividend yield of 4.5% in H1

DBS led the pack with a dividend yield of 4.9%.

Citi names Curt Engler as APAC execution services head

He will be responsible for the bank's cash execution business across 12 markets.

UOB temporarily loses $2b of market value

Despite suspicions of trading error, the SGX upheld the trade.

Singapore banks step up buyback spree to rescue share price

Most of the buybacks by DBS were done in May, when the share price fell 14%. Singapore banks’ share buybacks have picked up steam in 2019. A Maybank...

ICBC Standard Bank names Florent Darlet as Asia commodities structuring head

He previously served as Sberbank's managing director of structured products.

OCBC seeks partner for securities venture in China

The move complements its goal of doubling pre-tax profit from Greater Bay Area to $1b by 2023.