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The Asian Banking and Finance Wholesale Banking Awards 2012 now open for nominations
Name your best banking and finance institutions in the inaugural Asian Banking and Finance Wholesale Banking Awards 2012.
The Asian Banking and Finance Wholesale Banking Awards 2012 now open for nominations
Name your best banking and finance institutions in the inaugural Asian Banking and Finance Wholesale Banking Awards 2012.
Singapore banks slam Volcker Rule; demand exemptions
One banker’s feast is another’s poison pill it seems.
Loans from China's Big 4 hit $50.8M in January
China's "Big 4" banks extended about US$50.8 million of new loans in January, reports China Securities Journal.
China bends over backwards for its banking industry
Regulators are inclined to give Chinese banks more time to meet tougher capital rules requirements.
Western credit cards finally invade China
Citigroup, Inc. has become the first western bank and the second foreign bank permitted to issue its own credit card brand in China. It is the world’s largest issuer of credit cards.
CIMB's non-interest income to surpass expectations: HwangDBS Vickers
A research group forecasts CIMB Group's non-interest income for financial year 2012 to be better-than-expected.
India continues disincentives to branch banking
A leading Singapore bank raises the issue that some Indian taxes restrict the growth of branch banking in India.
VietinBank penetrates Lao market
VietinBank offically opened a branch in the Lao People’s Democratic Republic.
Malaysian and Thai central banks in joint push for financial stability
Eligible financial institutions operating in Malaysia might obtain Malaysian ringgit liquidity from Bank Negara by pledging Thai baht, or Thai government and central bank debt securities with it.
China tells banks to boost the “real economy”
China’s Premier and Vice Premier want banks to keep veering away from speculators and instead support the real economy.
Korea Eximbank to provide record $63B trade financing in 2011
Korean exporters will get a record 70 trillion won or US$63 billion support via loans and assurances form Korea Eximbank this year.
Banco Filipino does a phoenix--for the second time
A leading Philippine savings bank shuttered twice by the government in a span of 25 years is to re-open for the second time this March.
Rothschild comes to the Philippines
In Asia, Rothschild provides investment banking, private banking and venture capital services.
More Swiss banks turn to Singapore for confidentiality
More Swiss banks may be looking to Singapore as a favourable place for expansion.
Westpac prepares to axe more jobs
Westpac employees are bracing for a second wave of job losses as the bank seeks to curb costs.
India's ICICI gets $300M loan deal with Japanese banks
JBIC will provide $180 million, while SMBC and Bank of Tokyo-Mitsubishi UFJ are funding $120 million to ICICI Bank.
Banks lead record Philippine Stock Exchange surge
A strong rally yesterday led by banks pushed the Philippine Stock Exchange Index to a record 4822.08 points, up by 2.3%.