News
HSBC unveils Renminbi internet banking services
The service was prompted by HSBC's renminbi trade settlement volume which jumped 200% in May.
HSBC unveils Renminbi internet banking services
The service was prompted by HSBC's renminbi trade settlement volume which jumped 200% in May.
On-going turmoils cause Thai banks to remain resilient
But analysts say with strong capital and liquidity, stronger banks can still maintain overall performance in 2010.
ANZ quits Korea Exchange Bank bid due to conflicts
ANZ leaves Nomura and MBK Partners as bidders due to tension between North and South Koreas.
Bank of America eyes growth in Australia by developing tactics
Bank of America's Australian unit and Don Argus join forces to develop strategies for the bank's Australian operations.
Industrial and Commercial Bank of China enters Canada
The acquisition of six Bank of East Asia branches is part of ICBC's global expansion plan.
Kookmin Bank chief to resign before tenure ends
Kang Chung-won's plans of early quitting gives incoming KB Financial chief free rein in reorganising lender.
Chinatrust plans to acquire Nan Shan from AIG
AIG still silent on lender's offer previously tagged at $2.15bln by rival bid.
AgBank IPO draws China funds and HK banks
Lender intends to raise record setting $23bln before listing in mid-July.
New Zealand endorses NAB’s bid for AXA APH
NAB’s takeover of $284mln AXA APH assets still needs nod from NZ's Commerce Commission.
Bank of China mulls $8.8bln rights issue
Lender seeks 1.1-to-10 rights issue as analysts fear fund raising could put pressure on weak market.
HSBC boosts India presence by buying RBS businesses
The $1.8bln India expansion is part of the lender’s strategy to set up businesses in emerging markets.
DBS forges new saving scheme for parents
DBS launches EduSmart to address concerns and uncertainties that parents face today on deciding how much they need to provide for their children’s future.
Fitch says DBS and OCBC are stable
Fitch's affirmation of DBS and OCBC's stability status reflects the banks' strong credit profiles.
AgBank mulls price range adjustment for Shanghai IPO
A narrower price range or $0.37-$0.39 per share for the Shanghai offering is likely amidst weaker demand among investors in the mainland.
Philippines' Central Bank intervenes in PBCom sale
BSP persuades the Chung, Nubla and Luy families to divest stakes from lender.
Taiwanese banks to expand in China
Land Bank, Taiwan Cooperative, Chang Hwa Commercial and Taiwan Business to set up branches in China.
Chinatrust quits Nan Shan unit acquisition
The $660mln takeover failed to materialise as lender let the acquisition agreement to expire.
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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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