News

Japan’s megabanks saw 22.3% profit surge to ¥718.86 in 4Q14

Thanks to lower credit costs and growing overseas business.

Hong Kong overtakes Singapore as Asia’s premier wealth management hub

The Lion City is a ‘stagnating’ centre, says Deloitte.

DBS’ net profit up 10% to $3.8b in FY14

On back of higher NIM, loan volume and fee income.

RMB now part of the top five world payments currency

It overtook the Canadian and Australian dollar.

BEA China opens latest branch in Nanning City

It's the bank's 29th branch nationwide.

India tweaks banks' loan-pricing flexibility

Could it be bad news for consumer lenders?