In Focus

South Korean banks post record FX turnover

South Korean banks are riding the wave of the country’s first-ever trade volume of US$1 trillion.

South Korean banks post record FX turnover

South Korean banks are riding the wave of the country’s first-ever trade volume of US$1 trillion.

Japanese invade Aussie banking industry

Three of Japan’s largest banks have begun a campaign to conquer at least 10% of Australia’s lucrative banking industry.

Philippines faces volatile banking crisis

The Philippines’ financial system isn’t as immune to the worsening Eurozone debt crisis as it thinks it is.

India’s Corporation Bank pushes risky overseas expansion

Government-controlled Corporation Bank plans to establish 400 overseas branches in just two years.

Malaysia's CIMB to break into Philippine banking by March

CIMB Group Holdings Bhd will finally achieve its bridgehead in the Philippine banking industry within the next two months.

Vietnam’s central bank denies banking catastrophe

The State Bank of Vietnam, the central bank, resolutely denies the country’s banking system has fallen into a severe debt crisis.

RHB Capital, OSK seek merger approval

RHB Capital Bhd and OSK Holdings Bhd have submitted an application to merge.

Bank of China looks to Europe for more profits

Europe continues to be the happy hunting ground for leading Asian banks seeking growth through mergers and acquisitions.

Japanese banks take IMF stress tests to counter future failure

Japan’s burgeoning debt, now equal to about twice the country's annual economic output, focuses sharp attention of the vulnerabilities of Japanese banks.

Mainland Chinese banks gear up to invest in Taiwan banks

But the question is, who will be the first to do so?

Japanese banks on M&A binge in Europe

The strong yen is making Europe a profitable hunting ground for leading Japanese banks bent on mergers & acquisitions.

Sumitomo Mitsui Financial Group to buy European lenders' assets

Japan's second biggest bank received $90b in offers from European banks.

Standard Chartered: nine straight years of profitability

A continuing focus on the rest of the world again pays off big for Standard Chartered plc.

What you need to know about Indonesian banks

Fitch expects lower but still healthy loan growth in 2012 - but how healthy is it?

Malaysia to permit more foreign bank ownerships

The country seeks to triple its financial sector by the end of this decade.

HSBC to sell its Japanese private banking business

But to which company will HSBC be selling it to?