BankingFeaturedCiti Singapore adjusts pay for women to bridge gender gapBharath KumarJanuary 17, 2020March 18, 2020 by Bharath KumarJanuary 17, 2020March 18, 2020 The bank’s global pay equity review found that women staff did not receive equal compensation for the same task performed... Read more
BankingFeaturedEnigma-led consortium applies for Singapore’s digital bank licenceBharath KumarJanuary 15, 2020March 18, 2020 by Bharath KumarJanuary 15, 2020March 18, 2020 Enigma Group is the fifth to bid for a digital bank licence in Singapore... Read more
BankingFeaturedUAE, Saudi banks expect increase in loan demand in 2020Bharath KumarJanuary 14, 2020March 18, 2020 by Bharath KumarJanuary 14, 2020March 18, 2020 Dubai Expo 2020, banks’ regional expansion and slowdown in property market are contributing factors to rising credit... Read more
BankingOpen banking unleashes business lending raceBharath KumarJanuary 14, 2020March 18, 2020 by Bharath KumarJanuary 14, 2020March 18, 2020 The UK’s open banking directive is starting to propel SME growth and is having a cascading effect on European banking... Read more
BankingUOB taps into $10 bn Asean millennials market with neobank TMRWBharath KumarJanuary 13, 2020March 18, 2020 by Bharath KumarJanuary 13, 2020March 18, 2020 The bank says that 70% of ASEAN consumers demonstrate high ecommerce engagement... Read more
BankingKenya’s National Bank gets a Sh5bn lifeline from KCB GroupBharath KumarJanuary 10, 2020 by Bharath KumarJanuary 10, 2020 With a staggering Sh32bn in non-performing loans, the National Bank of Kenya was struggling to stay afloat... Read more
BankingTonik receives digital banking licence in the PhilippinesBharath KumarJanuary 10, 2020 by Bharath KumarJanuary 10, 2020 The neobank startup will be the first pure play digital-only bank in Southeast Asia... Read more
BankingEgypt’s overdue banking act forwarded to legislatureBharath KumarJanuary 8, 2020 by Bharath KumarJanuary 8, 2020 The much-awaited banking law monitors digital payments and financial technologies... Read more
BankingTokio Marine pumps in US$370 million into joint venture in BrazilBharath KumarJanuary 8, 2020 by Bharath KumarJanuary 8, 2020 Tokio Marine will control 50.01 percent of the Brazilian joint venture... Read more
BankingUBS to cut 500 jobs equal to 2% of global wealth workforceBharath KumarJanuary 8, 2020 by Bharath KumarJanuary 8, 2020 UBS’ decision is aimed at reviving its business and strengthening regional units... Read more