News

HSBC launches instant video consultation service for customers

Lender to provide Premier Customers real-time financial advice and assistance from Relationship Managers.

HSBC launches instant video consultation service for customers

Lender to provide Premier Customers real-time financial advice and assistance from Relationship Managers.

Siam Commercial invests in IT security

Lender harnesses Internet to protect its business from global and political uncertainty.

DBS, JCB International ink merchant acquiring services deal

JCB cardmembers enjoy wider card acceptance in Hong Kong, Macau while DBS provides merchant acquiring services.

StanChart okays India listing bid

Shareholders give approval for up to $1bln IDR offering while seeking anchor investors.

CIMB gets approval to expand in Cambodia

Country's central bank governor granted approval-in-principle to lender's bid to offer banking services to 14mln Cambodians.

Bank of Taiwan eyes opening first Shanghai branch

Lender allowed investing as much as 15% of its net worth in China.

DBS mulls adding hundreds of wealth management staff

Lender wants bigger share of private banking market as 23% quarterly profit rise disappoints.

National Australia Bank profit down 21% to $2bln

But lender positive that business lending spurt can help drive profit up in next 6 months.

KB Financial begins choosing next CEO

Three outside personnel search bodies to shortlist bets for interview May 20 and selection by mid-June.

StanChart India share issue seeking anchor investors

Lenders holding StanChart's IDR started sourcing anchor investors from foreign investors, local banks and mutual funds.

KDB chief not keen on KEB takeover

High price and post-takeover issues discourage local bidders to bid for once popular M&A target.

ICBC, Bank of China may change fundraising schemes

Central Huijin to benefit from lenders' rights issues offering over issuing bonds and selling shares.

ICICI, HDFC violate foreign investment rules

India's commerce and industry minister said decision meant to force lenders to shore up domestic shareholding.

Chinese commercial banks face lack of capital

Analysts say China's listed banks need to raise up to $44bln in 2010.

Westpac profit up 30% to US$2.5bln

Lender posted above-expected net profit but cautious on Europe credit crisis’ effect on Australian market.

HDFC profit up 31% to $660.92mln

Net interest income for the quarter soared 27% driven by loan growth.

ICICI Bank plans hiring 7,000 people in 2010

Recruits will be deployed to man new branches while declaring bonus and increments for old employees.