Retail Banking
Hana Financial to push for KEB takeover after ruling
Hana awaits South Korea financial regulator’s next move, which may include orderingLone Star to sell most of its 51 percent stake.
Foong to lead strategy and change at Maybank
The Maybank group announced the appointment of Michael Foong Seong Yew as its chief strategy and transformation officer.
BaoVietBank to hike chartered capital by VND1.65T
The Bao Viet Group to has been allowed by the Prime Minister to continue to invest in BaoVietBank and hold 52 percent stake in the bank.
UBS appoints Mike Stewart as global head of equities
Mr Stewart steps in after the resignations of Francois Gouws and Yassine Bouhara as co-heads of Global Equities.
DBS to slash Singapore dollar deposits rates
Lending activity has started to ease off as banks become more careful.
OCBC woos customers defecting from French banks
The lender wants to gain share from defectors who withdrawn billions of their investments from French lenders.
Maybank names Michael Foong Seong Yew as Chief Strategy Officer
The ex-managing director of Accenture PLC’s management is tasked to oversee the group’s corporate development office.
Assets under management soars 76% in leading Asia-Pacific banks
Citi surpasses UBS as the leading high net worth wealth manager in Asia-Pacific according to a Private Banker International report.
Lone Star trapped in legal issues over KEB stakes
Lone Star Funds may be ordered to sell a majority of stakes in the Korea Exchange Bank unless it meets legal requirements as KEB's top shareholder.
Mizuho acquires 15% stake in Vietcombank
Japan’s Mizuho Financial Group will acquire a 15 per cent stake in Vietcombank for $567 million in what is possibly Vietnam’s largest ever inbound...
Maybank Community Service Financial Revenue To Grow To RM12 Billion In 2015
Maybank expects its community financial services revenue to grow to RM12 billion in 2015, from the current RM6 billion.
34,000 customers file $48.5mn class action suit vs. ANZ
The lender joins 11 others which could face similar suits regarding overcharging of fees.
Agribank allays fears of additional capital raising
The lender sticks to its promise not to seek a rights offer to raise additional capital within two years from its IPO.
ICBC rolling out a variety of services during first week of October
ICBC, with an aim to provide a variety of financial services to all customers, has formulated a range of special service solutions and taken various...
ABC Strives to Build the Largest Financial Service Network in Tibet
The 209 outlets of Tibet Branch of Agricultural Bank of China Limited has been interconnected.
Group CEO Oswald J. Grübel resigns from UBS
Sergio P. Ermotti will take up the position of Group CEO on an interim basis.
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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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