News

Asean to launch banking integration framework

Asean Financial Integration allows greater flexibilites.

SME financing taken on by Chinese local governments

China introduces a new category of bonds specifically for SMEs.

JP Morgan launches direct custody & clearing platform in Hong Kong

Michael Drumgoole was appointed as Asia Pacific head of the business.

Westpac profit drops 15%

Westpac Banking Corporation profit has fallen to US$6.2 billion.

No job cuts in HSBC India

Immunity from job losses highlights India as key profit center.

Thai banks tailor loans for real estate

Adjust strategies for real estate developers.

CIMB to push for sukuk deals in Australia

CIMB starts Australian operations this week.

Here's why Asian banks' NIMs will slump

Find out what the two key factors are.

Japanese mega banks' asset quality could be in danger, warns analyst

Blame it on exposure to troubled electronics manufacturers.

Chinese M&As hit US$93.1 billion

Cash-rich Chinese banks and firms are splurging on mergers and acquisitions abroad.

Why Indian banks will benefit from the increase in restructured loan provisions

The 2.75% provision is expected to strengthen their loss absorption capacity.