News
Maybank Syariah Indonesia may launch operations next year
Lender’s conversion to sharia of commercial bank still needs endorsement by BII shareholders to materialize.
Maybank Syariah Indonesia may launch operations next year
Lender’s conversion to sharia of commercial bank still needs endorsement by BII shareholders to materialize.
India government taps SBI for $11bln infrastructure fund
Government enforces measures on improving nation’s infrastructure after ranking 89th in Global Competitiveness Index.
ANZ seen to bid for entire KEB stake
Nomura “would be surprised” if ANZ is not considering making takeover bid after lender raises $1.6mln.
KB Financial gears up for global expansion
Lender's chief said it must prepare to form strategic alliances with global companies.
Siam Commercial assists SMEs in locating funds
Private equity funds' search for SMEs and latter's financing needs prompts SCB to act as middleman.
SBI employees lag in bringing in business
$1.41mln average business brought by each employee below industry average despite above average salary expenses.
Korean lenders to post better third quarter earnings
Banks' income fall hit by massive reserves related to corporate overhauls and distressed property loans.
ICICI Investment Management raises $1mln from domestic investors
ICICI susidiary targets growth capital investments in the sub-Rs 1 crore category in mid-market companies, it added.
Westpac allots $100mln to boost retail division
Move follows lender's appointment of 670 managers in an effort to increase division's competitiveness.
DBS to invest S$250mln in Asian treasury & markets business
Move underscores T&M’s ambition to be leading Asian currency and fixed income house following exponential growth.
HSBC’s Finance Director eyed as chairman candidate
Lender’s independent directors on a search for its chairman’s replacement as Green will join British government.
UOB Malaysia wants more privilege banking customers
Bank targets additional 4,000 elite customers by year-end and total of 50,000 by end of 2015.
Regulator approves ANZ Bank's $373mln China unit
Plans to set up 20 branches in three years as it targets stronger foothold in China.
HSBC launches online US Stock Trading Services
Service available online, over the phone and via iPhone with flat $18 per transaction brokerage fee.
StanChart keen on Taiwan operations
Reinforces corporate, home lending, and wealth management operations as profit in first seven months reaches US$98.6mln.
Mandiri selects six global banks for rights issue
Indonesian lender to choose two international selling agents to underwrite $1.5bln rights issue.
OCBC to kickstart 'Go China' campaign
Customers could fulfill investment with package offering new range of financial solutions with exclusive China focus.
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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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