Retail Banking

Failed P&N-CUA merger won’t slow Aussie mutual bank consolidations: S&P

The two banks are expected to continue seeking consolidations.

PNL and Great Southern Bank scrap merger

The two Australian banks’ boards agreed to terminate their MOU.

Citi rolls out evergreen private market funds for HNW clients

It has partnered with Blackstone, Blue Owl, and KKR to launch the funds.

Standard Chartered names Ryan Song as head of M&A in Korea

He is expected to help grow the bank’s M&A advisory business in the region.

MUFG Bank invests in GLIN Impact Capital 2 to back ESG growth

The investment aligns with the bank’s medium-term business strategy.

Banks risk wealth advisor exits without tech upgrades: Cerulli

Just 8% of wealth advisors in the Americas are not yet using wealth tools.

South Korea rewrites bank loan-deposit rules to push regional lending

Regulators plan to upgrade rules and provide incentives to improve regional banks’ competitiveness.

Indian banks outclass Western peers with high-return, low-leverage model

The study groups India where lower gearing aligns with higher performance.

Security Bank names new wealth segment head

The Philippine bank also announced the retirement of EVP Gina Go.

RCBC names AREIT CEO as independent director

Independent director Erika Fille Legara has been named to the advisory board.

Indian banking returns hit decade-high as global margins shrink

CareEdge report confirms banking metrics are the strongest in years with multi-year low debt ratios.

China Bohai Bank faces high asset risk from retail and investment loans

Its NPL ratio rose 5 basis points in June 2025 compared to six months prior.