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Financials Up as Bill Gross Sees Regional Bank Rebound -- Financials Roundup - Stock market news

Shares of banks and other financial institutions rose after one veteran investor said he was investing in regional banks.

Former PIMCO bond manager Bill Gross said he was making investments in Western Alliance, PacWest Bancorp and other regional-ba. | Apr. 21 ....

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IBF Financial to acquire EnTie Bank for NT$33.7 billion

Taipei, Oct. 14 (CNA) IBF Financial Holdings Co. has agreed to acquire EnTie Commercial Bank for about NT$33.7 billion (US$1.20 billion) to bring the bank completely under its corporate umbrella, according to the two financial institutions. ....

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Can virtual banks carve out niche in overbanked Taiwan? | Taiwan News

Can virtual banks carve out niche in overbanked Taiwan? | Taiwan News
taiwannews.com.tw - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from taiwannews.com.tw Daily Mail and Mail on Sunday newspapers.

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Mobile Transactions in Vietnam Projected to Surge 300% In the Next 5 Years

Mobile Transactions in Vietnam Projected to Surge 300% In the Next 5 Years
fintechnews.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fintechnews.sg Daily Mail and Mail on Sunday newspapers.

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Only 5% of The World Challenger Banks Are Profitable, Most of Them Are From Asia

Out of the 50 digital challenger banks operating in Asia Pacific (APAC), just ten operators are profitable. These providers are primarily located in China and Japan, indicating that the two nations offer the most mature and developed digital banking landscapes in the region, according to a new analysis by the Boston Consulting Group (BCG).
In a new report titled Emerging Challengers and Incumbent Operators Battle for Asia Pacific’s Digital Banking Opportunity, BCG looks at the neobanking and digital banking landscape, and explores why Southeast Asia and India are emerging as the next growth markets.
50 Digital Challenger Banks in APAC, Source: Emerging Challengers and Incumbent Operators Battle for Asia Pacific’s Digital Banking Opportunity, BCG, June 2021 ....

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