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DBS rating unaffected by Dubai exposure
Standard & Poor's counterparty credit ratings on DBS Bank Ltd were not affected by the bank's credit exposure to Dubai.
DBS rating unaffected by Dubai exposure
Standard & Poor's counterparty credit ratings on DBS Bank Ltd were not affected by the bank's credit exposure to Dubai.
State Bank of India to add overseas branches
Additional 23 branches will give State Bank of India the distinction as Indian bank with largest foreign presence.
Thailand to raise $1bln in Siam City sale
Sources say central bank would sell its 48 percent stake as Thai government loosens foreign investments restrictions.
IDBI Bank names Canara Bank as merger target
IDBI Bank believes the union would increase likelihood of expanding presence in three states.
Taiwan regulator rejects China Strategic's Nan Shan bid
Lack of details and inconsistencies in data caused regulator's disapproval.
China regulator allows banks to invest in insurers
China's banking regulator has issued decision despite caution on possible problems resulting from financial sector integration.
India seeks advice on banking consolidation
Finance Ministry has requested public sector banks' counsel on the move despite RBI's adverse stand.
Maybank starts releasing premier debit card
Addition of Maybankard MasterCard Platinum Debit increases chances of hitting 500,000 new cardholders target.
Chinese regulator's move stales Minsheng's IPO
Minsheng shares dipped 3 percent during IPO as Beijing reportedly pressured banks to increase capital adequacy ratio.
ANZ Bank mulls raising US$400mln for China expansion
China would be next in Asia Pacific after ANZ had established foothold in Indonesia and Vietnam.
China banks furnish capital raising schemes to regulator
Sources say country's top banks submitted plans of replenishing capital after they have lent $688 billion.
ANZ completes acquisition of RBS Philippines
RBS in the Philippines became the first of six markets to transition to ANZ ownership. ANZ is acquiring the Royal Bank of Scotland retail, wealth and commercial businesses in Taiwan, Singapore, Indonesia and Hong Kong, and the institutional businesses in Taiwan, the Philippines and Vietnam for approximately US$550 million.
Korea Deposit Insurance sells 7% of Woori stake
The goal of privatising Woori pushed KDIC to a $751.4 million stake sale on Tuesday.
China's regulator to big banks: Raise capital ratios
Source says CBRC told country’s top banks to increase capital adequacy ratios by 2 percent from average.
China Minsheng’s United Commercial Bank’s acquisition attempt denied
A source says policies on foreign investments rule out possibility of China Minsheng’s UCB takeover.
Punjab National Bank eager to expand insurance operations
Dissolving JV with Vijaya Bank and Principal Group would enable Punjab National Bank to become more competitive.
Korea Exchange Bank pursued by other banks
As economy improves, CEOs of other South Korea banks are eyeing to merge with KEB.
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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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