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Retail Asia31/01/2023

Switzerland’s largest bank posted a better-than-expected profit in the fourth quarter. The bank will also increase its dividend this year and buy back more shares. UBS posted a net profit attributable to shareholders in the fourth quarter of $1.653 billion, and $7.630 billion for the year as a whole, according to figures released Tuesday. The fourth […]

Retail Asia22/12/2021

UBS is accepting convictions against its French subsidiary while keeping its legal options open in a tax dispute with French authorities for the group. UBS will pay a 1.9 million euro ($2.1 million) fine to French authorities. Last week’s French court ruling against Switzerland’s largest bank entailed a guilty conviction over tax offenses and money laundering, a 3.75 million euro […]

Retail Asia30/06/2021

HSBC has reportedly lost four bankers in its debt capital markets team covering Chinese state-owned enterprises as the business faces pressure from the Huawei incident and stressed relations with the U.K. Managing directors John Hai and Jiang Song have left HSBC in recent weeks, according to a report citing unnamed sources, with plans to join competing firms after more […]

Retail Asia10/06/2020

Family reasons were cited as the recent for the exit with an interim head being flown in from the U.K. Ed Jenkins steps down after joining HSBC more than a decade ago and less than a year after being named chief risk officer for the region. He will take a sabbatical after July 1 before […]

Retail Asia17/04/2020

The bank will pay its final dividend of S$0.33 per share on May 26, after approval at the AGM. DBS Bank will hold its annual general meeting (AGM) by electronic means on April 30. As no physical attendees permitted in light of ongoing «circuit breaker» measures, shareholders should pre-register to be able to watch and/or […]

Retail Asia22/11/2019

Gamification within Thai banking has proven to be a hit for fintech firm Meniga, which has seen the concept flourish enough to drive clients to top up savings to increase their «level». Meniga is focused on developing white-labeled digital user experiences focused on leveraging the power of analytics and transaction data. According to Meniga’s APAC […]

Retail Asia02/05/2018

Launched in 2010, StanChart’s ‘Here for good’ campaign showed how a bank could be a force for good by promoting economic activity that has a positive social impact. The new campaign retains the original brand promise but sharpens the bank’s focus on how banks can help tackle some of the problems that stand in the […]

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UBS To Increase Dividend and Repurchase More Shares

UBS Accepts Verdict for French Subsidiary

China Bond Bankers Flee HSBC

HSBC APAC Chief Risk Officer Steps Down

DBS Sets Date for AGM

Gamified Banking in Thailand Driving Clients Inflows

Standard Chartered launches bold new brand campaign