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Korea needs globally competitive bank to weather crisis
Kamco CEO said country needs a megabank capable of attracting stable funding in global financial markets.
Korea needs globally competitive bank to weather crisis
Kamco CEO said country needs a megabank capable of attracting stable funding in global financial markets.
ICICI bank to take over Bank of Rajasthan
“Expensive” $668mln deal extends ICICI presence in India's northwestern desert state of Rajasthan.
Chinatrust Financial board approves 2.5bln share issue
Price per share of private placement tagged at US$0.51 allows firm to raise US$1.3bln.
Hong Leong's offer for EON Cap too low
EON's independent financial adviser Credit Suisse's statement left lender's board in dilemma.
Foreign banks step up Islamic banking expansion
Lenders eye to dominate market share via more branches, innovative products.
StanChart eyes China as next target in listings
Lender looks forward to a Shanghai listing after completing one in India as it exploits country's growth.
ANZ completes acquisition of RBS units in Singapore
Lender expands presence in the state by taking over RBS's retail and commercial businesses.
CIMB acquires additional stake in Indonesian unit
Malaysian lender CIMB is raising its stake in Indonesia's Bank CIMB Niaga to better capitalise on the southeast Asian nation's fast-growing economy.
StanChart applies for listing in India
Lender remains open to potential listings in various countries after filing prospectus to sell 240mln IDRs.
Maybank seeks approval for Indonesian listing
Lender eager to expand visibility in Jakarta and add branches in other Asian countries.
State Bank of India profit down 32%
Lender's $413mln net profit below analysts' expectations as it allotted more funds for bad loans.
Australian banks brace for class action
IMF Australia to represent 500,000 Australians in accusing lenders of illegally charging US$4.5bln for minor violations.
China's top banks secure approval to raise $42bln
Country’s cabinet gives nod to 4 biggest listed lenders to use securities market in replenishing capital.
Taishin Financial targets 15% more clients
Lender eyes expanding its loan business by 10% and emerging as leader in mobile banking services.
Moody's says M&A of Korean banks pose risks
Country's stable credit put on risks as KEB is being sold and Woori privatised.
SBI targets reaching 12,000 unbanked villages
Plan submitted to India's central bank under financial inclusion programme for the year.
ICICI Venture mulls launching $500mln infrastructure fund
Lender joins other private firms to fund India's $1tln infra projects between 2012 and 2017.
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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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