Although Singapore is already well-served by existing banking products, some experts are convinced that underserved segments in the region could allow digital bank entrants to thrive and offer up new propositions.
Julius Baer said it will slash $207 million from its spending bill over the next two years, including by cutting hundreds of jobs. The private bank ditched a long-held money-gathering target.
Banks in Singapore are undoubtedly not immune to the coronavirus-linked headwinds but an S&P report said it had «good capital buffers» to stay resilient.
Citi's head of retail banking in the city-state leaves after more than two decades with the American lender.
CIMB Bank Philippines’ all-digital bank has partnered Jumio, a provider of AI-powered end-to-end identity verification and authentication solutions to provide a simple, hassle-free and convenient digital onboarding solution to Filipinos.
Foreign banks and insurers continue chipping in to support relief efforts against the deadly coronavirus outbreak.
The Thai arm of Japan’s Tokio Marine Insurance and Thailand’s Safety Insurance have completed their merger to form Tokio Marine Safety Insurance Thailand. Both parties to the merger have received approval from Thailand’s Office of Insurance Commission (OIC) to...
The bank wants the chairman of British retail bank TSB to join its board. The executive is a former CSFB investment banker and has collected several board mandates.
Global pre-tax profits at Julius Baer fell 37 percent, prompting the Swiss private bank to announce 300 job cuts and a boost in tech investments to improve margins.
OCBC has implemented an automated solution that accelerates collaboration with law enforcement agencies by up to 100-fold.
UBS Group will donate $1 million to support efforts to contain the global spread of the novel coronavirus.
More than $40 billion of low cost funds will be extended from the People’s Bank of China to support the production of necessities in the virus-ridden Hubei province.
The Bank of Japan warns of increasing cyberattacks against financial institutions as the 2020 Tokyo Olympic Games approach, highlighting related talent shortage in a survey.
The Hong Kong Federation of Insurers (HKFI) has appointed Selina Lau as its chief executive over the weekend.
With no end in sight to the outbreak and limited willingness to extend the break for essential services such as finance, banks in China are adopting similar procedures for operations as those deployed during the SARS outbreak.
Westpac’s money laundering scandal continues to unravel with the latest development involving a class-action lawsuit filed in a U.S. court against the bank’s former and interim chief executive.
China’s financial system «may be less resilient» than it appears, according to an S&P note which highlighted «sizeable recapitalization» required for some banks that could risk cracking under stress.
The slightly disappointing results presented by UBS last week and the persistently low price tag attached to both big Swiss banks by the stock market shows that there are strategic issues that need to be resolved, writes Teodoro Cocca in an exclusive essay for...
The pressure is rising in Credit Suisse's C-suite after top executives were covertly surveilled. Both CEO Tidjane Thiam and Chairman Urs Rohner look to be on their way out, according to a report.
How the 1918 Flu Pandemic Brought the World to its Knees Calculating the Beginnings of the Coronavirus Epidemic How U.S. Markets Will Function if Coronavirus Breaks Out in NYC The Best Luxury Hotels in the World for Book Lovers Singapore: Hedging With Hope Why...
Page 516 of 1007
