Maria SantosFinance
Taiwan Banks Ration Credit After US$126 Billion Tech Borrowing Spree
Working capital loans expanded eight times faster than mortgages as suppliers to Nvidia and Microsoft drained liquidity across Taipei’s banking system.
Tag
credit
Every story tagged credit on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.
Stories tagged credit
48 stories in this topic
Sarah ChenFinance
UBS Sets Sights on Expansion Following Successful Credit Suisse Integration, Q2 Earnings Surpass Expectations
UBS has outperformed second-quarter earnings predictions as it approaches the final stages of integrating Credit Suisse. As the bulk of the merger process concludes, the global leader in wealth management is progressively refocusing on expansion. In the…
Rajiv MenonFinance
Home Credit Vietnam Triumphs Again: Wins Coveted Finance and Sustainability Awards for 2026
Home Credit Vietnam has been awarded ‘Finance Company of the Year’ for the second consecutive year, and also received the ‘Sustainability Initiative of the Year’ at the Asian Banking & Finance Retail Banking Awards 2026. The awards acknowledge the company’s…
Rajiv MenonFinance
Alexander Wong: From Credit Suisse to Citi – Shaping Investment Banking in Asia
In a recent development, Alexander Wong, ex-managing director of the now-inoperative Credit Suisse, has taken up a new role at Citi’s investment banking division in Asia. Alexander Wong Joins Citi’s Investment Banking Division Citi has officially announced…
Minjun ParkFinance
UBS Braces for Massive Job Cuts amidst Costly Credit Suisse Integration: 10,000 Positions at Stake by 2027
Swiss banking giant UBS is preparing for a comprehensive round of job cuts due to the slower and more expensive than anticipated integration of Credit Suisse. Insider data shows that approximately 10,000 jobs are predicted to be cut by 2027, a substantial…
Maria SantosFinance
Samsung Set to Shake Up Personal Finance: Barclays Partnership Brings Samsung Credit Card to Compete with Apple
Samsung is reportedly preparing to launch a Samsung-branded credit card in the United States, in a strategic collaboration with Barclays that will capitalize on Visa’s extensive global payment network. Samsung Eyes U.S. Financial Sphere Samsung is reportedly…
Wei ZhangFinance
UBS Set to Appeal Crucial Court Ruling on Credit Suisse AT1 Bonds: A Challenge to Ensure Credibility and Recovery
The Swiss Federal Administrative Court’s partial ruling on October 13, 2025, sparked controversy over the legal legitimacy of deeming Credit Suisse’s AT1 bonds valueless. This occurred subsequent to an appeal lodged by Swiss financial regulator, Finma. Now,…
Wei ZhangFinance
UBS Challenges Swiss Court Verdict on Credit Suisse’s AT1 Bond Valuation: A Game Changer in Bank Recovery?
The Swiss Federal Administrative Court issued a partial ruling on October 13, 2025, which put up for debate the legality associated with deeming Credit Suisse’s Additional Tier 1 (AT1) bonds as worthless. The ruling came in response to an appeal lodged by…
Wei ZhangElectronics
Ios 26 Update Revolutionizes Apple Wallet With Enhanced Card Information Storage
The recent iOS 26 update has unveiled a host of minor enhancements, including a significant upgrade to the Apple Wallet. The digital wallet can now store detailed information about all your credit and debit cards, enhancing the user experience and…
Minjun ParkFinance
AEON Credit Service Reports Impressive 31.3% Profit Surge to US$13.9 Million in Q1!
AEON Credit Service (Asia) Company Limited has announced promising financial results for the three-month period ending May 31, 2025, showcasing its resilience and strategic focus in a competitive market. The company recorded a revenue of HK$442.2 million…
Minjun ParkFinance
UBS Launches Exciting New Partnership in Private Credit Sector
On Tuesday, UBS announced a dynamic new partnership with US-based General Atlantic, aimed at transforming the private credit landscape. This strategic collaboration is set to provide clients with enhanced access to direct financing and innovative funding…
Aiko TanakaLiving
Citizen database helps reduce credit default risks
A trial credit scoring model that encompasses the national citizen database has proven useful for lenders as it reduces lending risks by up to 20%. The model, which is built on the standards of global credit scoring company FICO, is now almost complete with…
Sarah ChenFinance
Mastercard launches global plan to recycle credit cards
Payments company Mastercard on Wednesday launched a global project to recycle credit and debit cards as part of a plan to save the billions of cards in circulation across the industry from landfill. Initially partnering with British lender HSBC Holdings Plc…
Sarah ChenFinance
Loans to small businesses a booming business
The business of providing loans to small and medium firms is booming in Vietnam with the rise of several platforms offering more accessible credit than traditional banks. Bonbon shop, a platform that helps 35,000 grocery stores connect with over 24 major…
Sarah ChenFinance
StanChart Profits Surge on Lower Credit Impairments
Significantly lower credit impairments coupled with positive business momentum led to a surge in Standard Chartered’s pre-tax profits for the third quarter. Standard Chartered posted $1.075 billion in pre-tax profits for the third quarter, according to its…
Sarah ChenFinance
Singapore Crypto Startups Join Mastercard Engagement Program
Two Singapore startups will help the payment giant accelerate innovation around digital asset technology. Singapore-based Mintable, a non-fungible token (NFT) marketplace; and Stacs, which provides a blockchain infrastructure for the financial industry to…