HSBC shuts bank branches in Hong Kong as Covid-19 surges
British banking giant HSBC has closed down some branches as well as its main office in Hong Kong after many…
23 Aug 2021
Canadian banks mandate Covid-19 vaccination for staff
Some banks in Canada have mandated their staff to be fully vaccinated against Covid-19 prior to returning to their respective office premises. These banks include Royal Bank of Canada (RBC),…
20 Jul 2021
Retail bankers plan to invest in internal software upgrades to cope with regulatory changes: Poll
The need to transact remotely amid COVID related lockdowns is accelerating innovation and technology adoption by financial institutions. Regulatory initiatives focused on maintaining operational resilience are expected to remain prominent…
15 Jul 2021
Retail bankers expect regulatory and compliance costs to increase over the next 12 months: Poll
The financial services industry is facing heightened risks due to the financial and economic shocks caused by the COVID-19 pandemic and retail banking is no exception. Regulations are constantly changing…
08 Jul 2021
Local business conditions for retail banking to improve in 2021: Poll
The COVID-19 pandemic not only disrupted banking operations, but also brought a fundamental shift in consumer behaviour towards contactless and digital interactions in banking which traditionally relied on physical branches…
28 Jun 2021
Covid-19: Major Australian banks ramp up support measures
Major Australian banks have announced an array of measures to support customers affected by the latest Covid-19 lockdown. The move comes at a time when the state of New South…
27 May 2021
Poll on technology replacing human jobs invokes mixed response
The automation of workplaces combined with the impact of the COVID-19 pandemic led to millions of job losses across various industries, leading to an existential crisis among workers. The pace…