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Metrobank and Wells Fargo strike deal
The Filipino lender targets to provide Filipinos in the US the cheapest remittance service.
Metrobank and Wells Fargo strike deal
The Filipino lender targets to provide Filipinos in the US the cheapest remittance service.
Bank of Baroda to get $158.6mn from Indian government
The lender to receive the amount by way of preferential issue of equity shares/ warrants.
AXA and Bank Mandiri acquires general insurance business
AXA and Bank Mandiri will own 40% and 60% respectively in this start-up joint venture operation of Asuransi Dharma Bangsa.
Yes Bank increases rates by up to 2%
Yes Bank hiked its saving rate by 2% hours after the Reserve Bank of India deregulated savings rates.
Taiwan banks allowed to open more mainland branches
Four Taiwanese banks will be allowed by China to open branches in the country to boost financial cooperation, according to the China Banking Regulatory Commission.
What you need to know about Bank of China’s disappointing profit growth
BoC’s profit didn’t meet the 31.6 billion- yuan median estimate of eight analysts surveyed by Bloomberg News.
China banks seen to post ‘strong’ profit growth in third quarter
More central government moves to address local government debt issue, decline in inflation and resolution of the European debt crisis may boost growth.
Thai banks' fourth quarter profit seen to decline
Bad loans, higher costs, and lower demand seen to hit lenders’ results.
Federal Reserve gives nod to Westpac’s engagement in nonbanking operations
The bank’s US unit announced earlier it would buy J O Hambro, which offers investment advisory services.
South Korea regulator to order Lone Star to sell KEB shares
The American company said to have told the FSC it cannot find a way maintain status as KEB's major shareholder.
OCBC Bank offers innovative online banking experience
Upgrades in user interfaces and features offering simple and intuitive solutions pave the way to the next generation of banking experience.
KB Financial and Woori bid for Jeil Savings Bank
Reports said Hana Financial had also joined the auction on taking over the suspended lender.
Commonwealth Bank starts offering mobile payment app
The bank has introduced app for iPhone, Android and Windows 7 and for iPads and Android tablets.
Maybank forecasts foreign remittance segment to grow by 15%
Estimate was made after the lender joined forces with Axis to boost remittance from India.
ICICI Bank recall cards following cloning scare
The lender joined its rivals in the move after the city received complaints from 64 card users.
Bank of Maharashtra's net profit up 92%
Bank of Maharashtra announced its net profit for the second quarter is up by 92 per cent at Rs 100.42 crore compared from Rs 52.3 crore in the same period last year.
Union Bank of India net profit up 16.2%
Union Bank of India reported a net profit of Rs.352.5 crore for the quarter ended Sep 30, 2011, increasing by 16.2 percent from Rs.303.4 crore of the same period of the previous financial year.
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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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