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BTMU, Mizuho lead bank bailout of Sharp
Two of Japan's largest banks are heading the US$2.7 billion rescue of the bankrupt electronics giant.
BTMU, Mizuho lead bank bailout of Sharp
Two of Japan's largest banks are heading the US$2.7 billion rescue of the bankrupt electronics giant.
Mizuho hit by US$2 billion write-off
Japan's Mizuho Financial Group admitted a securities valuation loss of some US$2 billion for the third quarter.
Low loan demand has Vietnam banks turning to credit cards
Vietnamese banks are focusing at smaller sources of income such as credit card service fees and interest rates on card payments due to sluggish demand for loans.
Maybank eyes RM2.64B added capital via shares placement
Maybank is looking to raise RM2.64 billion to further strengthen the bank's capital base.
Bangkok Bank to fortify retail banking business
Bangkok Bank will build brand awareness by revamping its retail banking business.
Taiwan expands banking reach in SEA
Taiwan's Financial Supervisory Commission, the banking industry regulator, reports that Taiwan’s banks are expanding into Southeast Asia on a massive scale.
Korean banks focus on 3 wealthy Seoul districts
Nearly 30 percent of all bank branches in Seoul were found to be concentrated in three wealthy Gangnam areas--the districts of Gangnam, Seocho and Songpa.
Taiwan's Fubon aims to acquire 51% of China-based Sino Bank
Taiwan’s Fubon Financial is seeking a 51 percent stake in China-based First Sino Bank for RM2.09 billion within the year.
Citibank ready for renminbi trading in Taiwan
Citibank Taiwan can immediately extend its renminbi-based products and services once Taiwan and China work out currency clearing and settlement rules.
Analysts warn against foreign takeover of Vietnam banks
Foreign ownership cap in Vietnamese banks should be considered carefully to prevent a wholesale takeover, experts warn.
Thai commercial banks demand level playing field vs state banks
Thai Commercial banks after are questioning four state-owned banks' failure to pay the fee of 0.46 percent of deposits to the Financial Institutions Development Fund.
S. Korea's IBK to serve 6 continents by year-end
Industrial Bank of Korea will open offices or cooperate with banks on all six continents by year-end, according to its CEO Cho Jun-hee.
China now hosts 14 HK bank branches
There are now 14 Hong Kong-based bank branches on the Chinese mainland nine years after the signing of a key economic plan.
Maybank launches World MasterCard, targets Asia's rich
The bank eyes a 10% increase in its total card base within the first two years of the card's launch.
Yes Bank enters equity broking business
The retail equities broking license received by Yes Bank Ltd from India's central bank will intensify competition among banks for retail deposits.
Growth still possible for Indian banks
India’s embattled banking sector could report a growth of 14.5% in Q2 earnings despite mounting bad debts and debt rollovers.
ADB, IFSB ink a deal to advance Islamic finance in developing countries
Here's what to expect from the agreement.
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Why Philippine banks, insurers embrace hyper-personalized services
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Industry experts push for the rapid progress of unified customer data as a starting point.
Industry experts push for the rapid progress of unified customer data as a starting point.
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