Retail Banking
Graph of the Week: China's dwindling deposits
China’s deposits are slowing down which may force banks to raise more money.
Graph of the Week: China's dwindling deposits
China’s deposits are slowing down which may force banks to raise more money.
Deposit woes continue to haunt China’s banking sector
In a recent teleconference, Fitch analyst Charlene Chu warned earnings growth is not strong enough and banks will be forced to raise equity.
Westpac prepares to axe more jobs
Westpac employees are bracing for a second wave of job losses as the bank seeks to curb costs.
Andhra Bank net down 8% to $61.7M
Andhra Bank witnessed a decline of 8.45 per cent in its net profit at US$61.7 million for the third quarter ended December 31, 2011.
Corporation Bank's profit rises 5.2% at $81.9M
Corporation Bank posted a marginal 5.2 per cent increase in its net profit at US$81.9 million for the third quarter ended December.
Banks lead record Philippine Stock Exchange surge
A strong rally yesterday led by banks pushed the Philippine Stock Exchange Index to a record 4822.08 points, up by 2.3%.
Research group sees bumps ahead for Public Bank
Alliance Research House stated that there could be factors that could dampen the outlook for Public Bank.
Agribank begins massive restructuring
Vietnam’s largest bank is about to shed non-essential operations as it moves towards becoming a completely commercial bank.
Union Bank of the Philippines posts cheery results
Another cash-flush Philippine bank reports sterling bottom line results for 2011.
Top 4 Aussie banks targeted for ratings downgrade
Soaring loan costs are about to cost Australia’s “Big Four Banks” dearly.
RHB Singapore upbeat on growth amid glocal challenges
RHB Bank Singapore is confident of maintaining growth while expecting more active participation in debt issuance and funding corporate clientele.
Public Bank posts $1.52 B pre-tax profit for 2011
Public Bank reported a 12.8 per cent increase in pre-tax profit for the financial year ended Dec 31, 2011 with US$ 1.52 billion.
StanChart sees big opportunities in Chinese, Indian markets
Standard Chartered is encouraged by the policy outlook for India and China this year.
Thailand targets Australian banking investments
Thailand's commerce minister Kittiratt Na-Ranong urged Australian banks to buy stakes in, or enter local partnerships with, established banks in the...
Banking and finance pay highest salaries in Vietnam
Vietnam's Ministry of Labour, Invalid and Social Affairs has announced that labourers’ average salary reached US$182.54 per month in 2011.
Malaysian to lead Indonesian bank CIMB Niaga
CIMB Niaga, Indonesia's fifth-largest bank, has named Sri Nazir Razak to replace retiring president commissioner Mohd. Shukri.
Financial regulator approves Hana's takeover of KEB
South Korea's Financial Services Commission has approved Hana Financial's takeover of the Korea Exchange Bank.
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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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