News
Kookmin to sell $147.42mn stake to POSCO
KB Financial is seen to engage in share exchange deals with two or three Korean conglomerates.
Kookmin to sell $147.42mn stake to POSCO
KB Financial is seen to engage in share exchange deals with two or three Korean conglomerates.
Chinatrust eyes acquiring Metlife Taiwan unit
Chinatrust sets its sight on Metlife after it failed to win AIG Taiwan unit bidding.
Union Bank of India offers new term deposit scheme
The new product is seen to further boost deposit growth after the bank’s 17% surge.
Maybank studies opportunities in Indian market
It may take about 1 to 2 years for the bank to open its first branch in India.
Union Bank of India starts offering Swiss bonds
UBI targets to raise more than $129.5mln following concerns that Indian companies may face rising borrowing costs after selling $11bl of overseas bonds.
Maybank sees Kim Eng acquisition boost regional growth
OSK Research has maintained buy call on Maybank as it is 'neutral to slightly positive' on the Maybank-Kim Eng deal.
Hana Bank to pare down bad-loan ratio
The lender targets 20% profit rise as it expects economy to be stable this year.
Kelly remains Westpac CEO—spokesperson
Contrary to reports the bank’s chairman endorses Kelly as she provided strong leadership to the bank.
KB Financial to divest 11.2% stake by September
3 to 4 per cent stake to be sold to foreign investors through a block sale and the remaining shares to three to four foreign institutional investors.
China Merchants Bank plans raising $4.5bn
The lender may seek help from its parent company to raise capital in complying with its higher capital adequacy requirements.
Global spending on retail banking to increase 24% in 2015
An increase in spending on technology is expected over the next five years to hit US$132 billion, according to Ovum.
KDB keen on buying a Southeast Asian bank
KDB pulled out stake sale in Siam City citing regulatory uncertainties in the global banking industry.
China probes CBA’s Chinese partner on fraud involvement
Qilu Bank has been alleged to have received $227mln worth of forged commercial bank bills.
KEB labor union files Hana takeover injunction
Union claims KEB board directors' collaboration with Hana was illegal.
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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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