It was a spectacle reminiscent of the worst days of the late-1990s Asian financial crisis: Throngs of depositors descended on branches of Bank of East Asia across Hong Kong last September, worried ...
Among regional lenders, Kyoto Financial Group, the parent company of Bank of Kyoto, plans to open a representative office in ...
Asia’s big banks are elbowing out their Western rivals as demand for financial services skyrockets in the region—and beyond. One of the great ironies lost in the panic of the global financial crisis ...
HSBC Holdings, Standard Chartered, AIA Group and Prudential shares have fallen sharply on Thursday after a report said some banks have suspended opening Hong Kong accounts for mainland Chinese clients ...
Transaction banks in Asia have been relatively slow to move away from manual processes. PwC’s 2023 digital banking survey stated that it was imperative for banks in southeast Asia to accelerate their ...
GCC banks are expanding their footprint in Asia-Pacific, now the Gulf’s number-one trade partner. While Western economies struggle with the aftermath of the Covid-19 pandemic and the ongoing war in ...
For the second year in a row, HSBC walks away with the award for Asia’s best bank – and deservedly so. Outgoing chief executive Noel Quinn’s decisive move in early 2020 to pivot to Asia by redeploying ...
Digital banks have sprung up across Asia in recent years. In many cases, they are having little impact on the overall banking market. Affluent societies like Singapore, Hong Kong, Japan and Taiwan are ...
Central bank decisions by South Korea, Indonesia and Thailand are in focus after the Philippines took the leap and became one of the few central banks in Asia to cut ahead of the Federal Reserve. Now, ...
Central banks in Asia face a catch-22 in 2025. A relentless rise in the U.S. dollar has sent Asian currencies such as the Japanese yen, South Korean won, Chinese yuan and the Indian rupee reeling to ...
Indian banks dominated Asia-Pacific leverage ratio rankings, with Kotak Mahindra Bank leading the region among lenders with ...