Retail Banking
Bank employees’ union urges Malaysia not to be used to bail out foreign banks
Union calls for government to stand by its law, interests, customs and practices amidst Europe and US financial crisis.
Bank employees’ union urges Malaysia not to be used to bail out foreign banks
Union calls for government to stand by its law, interests, customs and practices amidst Europe and US financial crisis.
Public Bank profit up 15% to $288mn
Malaysia’s economic rise makes its banking industry stable and supportive of growth.
ANZ targets tenfold surge in opulent clients in Vietnam
The lender to tap more than 10,000 high-end professionals, or entrepreneurs who have built up their business in Vietnam.
ANZ Bank appoints Anne Weatherston as Chief Information Officer
The only female CIO of a Australia’s big four has recently finished the lender’s technology blueprint.
Innovations fuel BPI’s growth—CEO
The lender said it pioneered innovations through banking processes streamlining, computerizing and automating operations.
Listed banks in China eye 30% profit growth in 3rd quarter
Analysts believe large banks’ interest margin to peak in the second quarter as their assets quality remains stable.
Cathay United Bank and Bank of China strike cooperation deal
The Taiwanese bank to work with what it considers the most internationalized bank on the Mainland.
Vietnam may allow sale of ailing banks
Vietnam's central bank is paving the way for mergers and acquisitions among banks to step up the restructuring of the sector hit by rising bad debt.
StanChart India names Rajeev Chalisgaonkar as SME banking head
Mr. Chalisgaonkar was picked to manage the lender’s SME business in India, which has a client base of more than 52,000.
Lone Star not to appeal Korean court ruling
Hana shares soared on speculation that its takeover of KEB will progress as court proceedings seen to end.
China bad debt seen to soar to 60% of bank equity
Analyst say intervention of Central Huijin to shore up the banks shows that banks’ financial health is deteriorating.
Stable outlook for TMB despite high non-performing loans: Moody’s
However, the bank’s profitability remains weak compared to other similar-sized Thai banks.
JP Morgan's earnings may drop 2%
This despite the bank's four straight quarters of beats, according to a Reuters report.
CBA and union to hold talks on cost-cutting plan
Project 35 raised job loss fears as the lender aims to do business more efficiently and more effectively.
Hana willing to renegotiate with KEB if Lone Star doesn’t appeal
Hana said to have cut the agreed purchase price as KEB shares have fell sharply since the transaction was agreed..
Singapore central bank to continue 'judicious management' of its currency
The Lion City expects its economy to probably expand at a slower pace in the next few years, according to a Bloomberg report.
Commonwealth Bank starts slashing costs
Through Project 35, the lender joins major banks in adjusting to a new, post-financial crisis environment.
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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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