Retail Banking
StanChart to close 43 Korea branches amidst strike
Nearly half of the lenders’ 6,500 employees here had a walkout to protest against a proposed incentive-based compensation system.
StanChart to close 43 Korea branches amidst strike
Nearly half of the lenders’ 6,500 employees here had a walkout to protest against a proposed incentive-based compensation system.
CBA, UOB allowed to raise stakes in Vietnam's banks
Commonewealth Bank of Australian and Singapore's UOB can raise their staeks in two Vietanmese banks to the 20 % ceiling for foreign ownership...
Korean savings banks asked to take self-help steps
South Korea's financial watchdog requested savings banks with substandard levels of capital to submit self-rescue measures as part of its efforts to...
Labor strike prompts SC First Bank to temporarily close
SC First Bank temporarily shut down operations at 43 branches in a bid to minimize the impact of a prolonged labor strike, according to Yonhapnews.
Hana and Lone Star slash KEB deal price by 6%
But analysts say contract extension is enough to convince investors that the two companies can close the deal.
SBI aims to raise $5bln via overseas debt
The move to fund loans in India after the lender suffered dip in its Q4 net profit.
RHB still seeks for merger partner
RHB maintains interest in M&A even after Maybank and CIMB dropped the plan.
Kookmin Bank divests $1.7bln of its KB shares
The lender offered 35mn shares at a price range of $48.8-$49.2 to meet regulations.
Bank Islam confident of maintaining growth momentum this year
Bank Islam expects to exceed the RM503 million profit growth recorded during the 18-month period ended Dec 31, 2010.
KEB sale price reduced, deal extended
Hana Financial Group has agreed to extend a deal with U.S. buyout fund Lone Star Funds to buy a controlling stake in Korea Exchange Bank.
KB Financial targets buying a life insurance company
The company says it is keen on buying a life insurer to lessen reliance on banking revenue.
GPBank eyes gross profit growth of 64%
GPBank passed the plan for this year's target of 35 trillion dong in total assets up 26 percent.
BNP Baribas to raise OCB stake to 20 %
OCB has secured central bank permission to sell another 5 percent of stake to BNP Paribas.
Hana seeking a lower price of $4.3bln in KEB bid
Move made possible after KEB board gave Lone Star $466mn, as it approves $1.42 recent dividend payout.
State Bank of India appoints Lax Seshan as UK marketing chief
Seshan will lead the bank’s push to promote its expansion across Britain.
StanChart appoints Neeraj Swaroop as Southeast Asia head
Current India and South Asia chief may relocate in next three months to Singapore, replacing Ray Ferguson.
RHB and CIMB refute merger talks
An RHB official denied last week report saying that it is not in any discussion with CIMB on any potential takeover offer.
Thought Leadership Centre
In Association with
In Association with
Resource Center
Read Here
Advertise
Sign Up
Event News
Event News
Why Philippine banks, insurers embrace hyper-personalized services
![Why Philippine banks, insurers embrace hyper-personalized services]()
Insurance
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.
Videos
Partner Sites
Thought Leadership Centre
In Association with
In Association with