Retail Banking
Only 2 Chinese banks get S&P upgrade
Only two Chinese banks, Bank of China and China Construction Bank, were upgraded by Standard&Poor's, reports Xinhua News.
Only 2 Chinese banks get S&P upgrade
Only two Chinese banks, Bank of China and China Construction Bank, were upgraded by Standard&Poor's, reports Xinhua News.
Mergers among weak banks not feasible: Vietnamese official
It was not a viable plan to carry out mergers among weak commercial banks, according to the deputy chairman of Vietnam's National Finance Supervision...
Singapore banks slash job perks for expats
Blame it on supply and demand as more senior bankers now want to have Asia experience on their CV.
Citibank Korea Q3 net up 20.6%
Citibank Korea's third-quarter earnings jumped 20.6 percent from a year earlier.
Noor Islamic Bank mulls Malaaysian expansion
Noor Islamic Bank is mulling an expansion to Malaysia to tap opportunities in Southeast Asia.
Bank of China's profit after tax up by 22%
Bank of China recorded a profit after tax of RMB101.28 billion in the first three quarters, an increase of 22.09% compared with the same period of...
Why are the big consultancies silent on the worldwide impact of FATCA on non US citizens?
Find out three reasons, in relation to Duncan Edwards' commentary on Foreign Account Tax Compliance Act.
Operating costs pulls down Citibank Indonesia's profit
Citibank Indonesia saw its profits from January to September go down by 27 percent.
Top Philippine banks expected to break profit targets
CLSA Asia-Pacific expects Banco de Oro, Metrobank, BPI and Security Bank to break their respective profit targets this year.
Vietnam wants to have 15 large banks by 2015
Vietnam’s central bank plans to create a three-tiered financial industry dominated by 15 lenders.
BIDC opens branch in Kampong Cham, Cambodia
The Bank for Investment and Development of Cambodia Plc has opened a new branch in Kampong Cham province.
Westpac restructures retail and business banking business
Group executive for Westpac retail and business banking, Rob Coombe, had resigned and had been replaced by Jason Yetton.
Global volatility, not Euro crisis to affect HK banking: Sec KC Chan
While Hong Kong’s banking sector does not have a high level of exposure to European countries with severe sovereign debt problems, the global...
South Korean regulator probes KEB
South Korea's Financial Services Commission has started an inspection of Korea Exchange Bank as part of a follow-up measure following a sale order.
Morgan Stanley gets restricted banking license in Hong Kong
The Hong Kong Monetary Authority has granted a restricted banking licence to Bank Morgan Stanley AG under the Banking Ordinance. The granting of...
Vietnam's OCB 9-month net profit down 8%
Orient Commercial Bank's net profit fell 8% on-year to VND197.5 billion or $9.4 million in the first nine months of the year.
Hana Financial, local brokerage show intent to buy savings banks
Hana Financial Group and Kiwoom Securities Co. are eyeing to acquire a package of ailing savings banks whose operation have been suspended since...
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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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