Retail Banking
Maybank to sell stake in Bank Internasional Indonesia
Maybank is seeking investors for 20% of BII stake as Indonesian regulator ordered to sell down its stake in BII to 80%.
Maybank to sell stake in Bank Internasional Indonesia
Maybank is seeking investors for 20% of BII stake as Indonesian regulator ordered to sell down its stake in BII to 80%.
Union: ANZ to downsize workforce
Hundreds of employees in danger of facing the axe as the lender trims down cost amid economic slowdown.
Korea financial watchdog to approve Hana's KEB takeover
The Financial Supervisory Service (FSS), is currently reviewing Lone Star's eligibility as KEB's major shareholder.
Malaysia expects growth for SME banking
The government forecasts the contribution of SMEs to the gross domestic product to rise to 41% in 2020.
ANZ to cut hundreds of jobs
Australia & New Zealand Banking Group Ltd. is set to cut hundreds of jobs according to the Finance Sector Union.
Vietnam’s central bank denies banking catastrophe
The State Bank of Vietnam, the central bank, resolutely denies the country’s banking system has fallen into a severe debt crisis.
Mitsubishi UFJ’s growth plan focuses on China, Indonesia and Australia
The bank will expand its retail lending, private banking and asset management businesses, with a special focus on China, India, Indonesia and...
Summoned chairman of suspended Korean savings bank commits suicide
Ace Mutual Savings Bank chairman Kim Hak-heon was found dead by his relative.
BofA appoints Killingback head of Asia mergers advisory
Bank of America Corp. named David Killingback head of mergers advisory for the Asia-Pacific region outside Japan.
Hana chief offers to step down amid KEB acquisition
The president of Hana Financial Group offered to resign as it prepares to complete its acquisition of Korea Exchange Bank.
China’s central bank prepares for the worst
The People’s Bank of China hopes to avert mounting economic unrest with a series of measures that include more support for struggling entrepreneurs...
Bank of China looks to Europe for more profits
Europe continues to be the happy hunting ground for leading Asian banks seeking growth through mergers and acquisitions.
Chinese banks under pressure to raise cash next year: source
China's listed banks are expected to raise over 100 billion yuan or $15.78 billion through equity financing next year.
VietinBank reveals business plan for 2012
VietinBank held a conference to assess the results of business performance in 2011 and set the direction and tasks in 2012. Among the participants...
Eximbank sees good potential in Sacombank
he public questioned why Eximbank invested and holds a quite large ownership ratio in Sacombank while some big shareholders of were divesting capital...
Vietcombank targets VND6.5T pretax profit in 2012
Vietcombank will target a 6.5 trillion dong of pre-tax profit in 2012.
SPD Bank's 2011 prelim profit up 42%
Shanghai Pudong Development Bank's 2011 preliminary net profit rose 42.02 percent year-on-year to 27.24 billion yuan. Revenues for the Shanghai...
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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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