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Woori's various merger scenarios with other banks surface
Regulator announced possible union between Woori and KB Financial as South Korea targets global financial competitiveness.
Woori's various merger scenarios with other banks surface
Regulator announced possible union between Woori and KB Financial as South Korea targets global financial competitiveness.
ANZ gearing up for home loans market
Retail banking chief's "selectively easing" qualifications have already made impact on US$1.08 trillion home loan industry.
OCBC 2009 profit up 12% on non-interest income surge
37% growth in non-interest income together with lower cost-to-income ratio helped lender earn S$1,962mln.
Bank of Communications plans raising $3.7bln
Funds to support balance sheet could reach up to $5.85 billion as amount is not yet finalised.
Bank of East Asia posts $330.9mln 2009 profit
Profit surge from US$5mln in 2008 is attributed to earnings in securities trading.
EON Bank proceeds with makeover scheme
Lender positive in moving forward by venturing into bancassurance despite Hong Leong’s failed merger bid.
State Bank of India to lend $21.720 interest-free
SBI SMILE aims to encourage aspiring Indian entrepreneurs to open business by providing seed-capital.
Sharia banks in Indonesia may offer bigger returns
Bank Mega Syariah Indonesia said demand for Islamic products could boost Islamic lender's ROE by 40%.
Westpac profit surges 33% to US$1.44 bn
Reduction of bad debts resulting from improving global financial climate caused the US$1.44bn cash profit.
Punjab National Bank mulls Indonesia operations
The lender capitalises on robust trade between India and Indonesia.
Reserved Bank of India backs ANZ Mumbai opening
Committee members approving foreign bank’s proposals for branch installation in the country unanimously favored ANZ's return.
CIMB Thai eyes selling unit stake to parent
100% stake in Sathorn Asset Management with $90.38mln NPL planned to be sold to CIMB Group.
Shinsei plunges after news on Aozora merger collapse
Misery loves company, with Shinsei Bank continuing its slump as it fell to its lowest in two months in Tokyo trading after news went around on the supposed collapse of merger talks with equally beleaguered Aozora Bank.
Singapore lifts ban on sales of structured notes by DBS, Maybank and RBS
The ban was lifted after accounting firms KPMG and PricewaterhouseCoopers said they were satisfied with the banks' plans and implementation.
Bocom International to raise $500M for China private-equity fund
Bocom International is seeking to raise as much as $500 million in its first private-equity fund focusing on Hong Kong and China.
Kookmin Bank Q4 net grows by $291.23mln
Lender’s profit back to green despite KB Financial’s Q4 net slid by 59.4%.
HSBC Malaysia forecasts strong growth in SME unit
Optimism attributed to expanding branch network coupled with SME owners’ 24-point Q4 confidence level.
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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.
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