DBS targets Asia’s mass affluent with digital financial planning
SINGAPORE: DBS Bank is eyeing a larger slice of Asia’s burgeoning mass affluent market as it aims to bring its…
Banking
Once high-flying Hong Kong bankers become a lost generation
HONG KONG: When Eric Li lost his job after his family office employer relocated away from Hong Kong, he knew…
Banks set to implement Basel capital
KUALA LUMPUR: The majority of Asia-Pacific banking jurisdictions are set to take the latest global iteration of Basel capital standards…
Hong Kong central bank keeps key rate unchanged, tracking Fed move
HONG KONG: The Hong Kong Monetary Authority (HKMA) left its base rate charged through the overnight discount window unchanged at…
China c.bank has room to cut bank reserves ratio further, deputy governor says
BEIJING: The deputy governor of China's central bank said on Thursday there is ample monetary policy room to deliver further cuts…
Taiwan central bank raises benchmark rate in surprise move
TAIPEI: Taiwan's central bank surprised markets by raising its policy rate on Thursday, and also lifted its inflation forecast for the…
ECB tells banks to prepare for new types of risk
FRANKFURT: Euro zone banks must adjust how they manage risk as they face challenges from the end of ultra low…
Big banks say sustainability pledges not enough
Some of Canada’s biggest banks have for the first time said their green financing efforts may not necessarily curtail emissions…
Stress test predicts profitability resilience for banks
The capital ratio of Malaysia’s banking system will remain above the regulatory minima, with sufficient high-quality liquid assets to meet…