In Focus
UAE banks seek more business in China
Two of the largest banks in the United Arab Emirates will set up offices in China to boost trade between both nations.
UAE banks seek more business in China
Two of the largest banks in the United Arab Emirates will set up offices in China to boost trade between both nations.
RHB to further boost overseas presence after OSK deal
RHB Capital will make further overseas acquisitions after acquiring OSK Investment Bank.
Philippine banks claim safety from Eurozone crisis
The Philippines expects to ride out the worst of the Eurozone debt crisis.
CBRC worried over Chinese banks' risky behaviors
Chinese banks are urged to focus on raising capital than taking on more risks.
JP Morgan Chase invests heavily in China
JPMorgan Chase & Co has raised its capital of its Chinese division to over US$1 billion to exploit broader opportunities arising from a further liberalization of China’s banking sector.
Malaysian banks wary of Indonesia's new share limit
Malaysia’s CIMB and Maybank would be the most affected by Indonesia's new regulation limiting the maximum bank ownership of a single shareholder to below 50 percent.
Citibank India to expand consumer banking
Citigroup, Inc plans add one million new customers from India’s middle class as it expands its credit card business.
Chinese banks finally open up to private capital
China’s decelerating economy has compelled China’s banks to accept private investments to generate funds for lending to small and medium enterprises.
StanChart issues RMB 1 million in ECP
A new issuance programme from Standard Chartered Bank provides a new instrument and market for investors in the renminbi.
Shinhan Bank dares foreign expansion
In a none too friendly global banking environment, Shinhan Bank aims for 'glocalization'.
Profits of Japan’s top three banks in peril
Sales of extremely risky Japanese Government Bonds push profits of Japan’s three largest banks to a record high.
Banks support Malaysian SME’s overseas expansion
Malaysia’s small and medium enterprises receive more banking support in their quest for higher exports.
Philippine banks outdid regional rivals in 2011
The Philippines’ central bank claims the country’s banks did better than most of its Southeast Asian rivals.
Bank lending in Japan rises for the seventh month
Bank lending grew again in April on the back of efforts to rebuild areas ravaged by the earthquake and tsunami of 2011.
Foreign investors eye Indonesia’s banks
Indonesia’s banks are attracting foreign firms for its booming growth and an untapped market of tens of millions.
More liberal ownership climate a boon for Credit Suisse
Swiss financial services multinational Credit Suisse Group AG is boosting its presence in China.
Temasek “rebalances” investments in China’s Big Four banks
Singapore's sovereign-wealth fund Temasek Holdings has invested more in China’s largest bank at the expense of two other Big Four banks.