Retail Banking
Bendigo and Adelaide Bank to offset AML capital charge with low credit losses
Bendigo and Adelaide Bank to offset AML capital charge with low credit losses
Its credit losses are expected to remain low over the next two years.
ANZ's scam losses down 24% in Oct-June
The Aussie bank said it prevented and recovered A$100m in scam and fraud-related funds.
MUFG Bank pilots banking ancilliary firm for content production
The bank is launching Japan Creative Works (TM).
Indonesian bank funding splits as gov't liquidity masks pressures
SOE banks are relying more on government money than deposit growth.
APAC banks’ average returns outpaced by European peers
Japanese banks’ outlook for 2026 remains improving, said Fitch Ratings.
Ping An Bank profit rises 3.3% as revenue gains 1.8%
Retail assets under management reached $654.8b by 30 June.
AI raises bank fraud risks as Australia faces control gaps
AUSTRAC has found potentially hundreds of millions of dollars in fraudulent loans.
ANZ flags scam coaching as criminals script victims' responses
Victims are armed with well-rehearsed stories or coached responses, ANZ warned.
Own Bank names Don Niño Santos president and CEO
He previously worked at Globe Telecom and Metrobank.
Taiwan draws 1,005 finance industry talent via gold card programme
In APAC, most came from Hong Kong and Singapore.
South Korea bank loyalty market to hit $2.6b by 2035
The consumer segment already holds the biggest slice of program revenue.
CIMB secures 10,000 Infineon Melaka staff in payroll tie-up
Employees enrolled in CIMB@Work will get 20% cashback on tolls, transits, and Visa debit card overseas spend.
Mizuho Securities names Atsushi Kikawa as retail and business banking chief
Kikawa previously worked at MUFJ Morgan Stanley Securities.
Robot takes over safe deposit access at Shanghai Commercial Bank
It serves more than 1,600 boxes at Kennedy Town branch.
Citibank Korea hits record Q2 profit of $133m on trading surge
Net income rose 86% on growth in non-interest revenue from core businesses.
Consumer lending and bad loan risks mount in Mongolia's banks
CreditSights is encouraged by increasing regulatory efforts to address interconnectedness of companies.
CBA expands rewards program CommBank Yello to home loans and savings
Customers can earn, track, and redeem points for these banking activities beginning 1 October.
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Mashreq wins two awards for digitising Trade Asset Sell-downs and launching GenAI-powered mobile onboarding for its Corporate Clients.
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