Retail Banking
StanChart Philippines plans setting up wealth management unit
The lender woos 2,500 of the country’s affluent to avail Priority Banking Program composed of competent wealth managers.
StanChart Philippines plans setting up wealth management unit
The lender woos 2,500 of the country’s affluent to avail Priority Banking Program composed of competent wealth managers.
StanChart Korea unit employees on strike
The protest of about 3,000 union members against a scheme determining compensation based on individual performance comes as the lender struggles to...
Hang Seng Bank expands non-interest income sources
The lender is currently ready to distribute mutual funds is already in talks with fund management companies about possible cooperation.
China Everbright defers $6bln Hong Kong listing
Delay resulted from growing volatility in global markets even as the lender planned to price deal on July 8.
Vietnam, Laos intensify financial cooperation
Standing Deputy Prime Minister Nguyen Sinh Hung announced that Vietnam will work closely with Laos to promote the training of Lao lecturers...
Sacombank annual demand deposit rates up to 12%
Sacombank will apply the demand deposit rates for the individuals and institutions that have opened the non-term payment accounts in dong at...
First Bank and ICBC join forces
ICBC is the fourth Chinese bank with which First Bank had signed an MOU for overseas expansion.
OCBC private banking unit increases managed assets
Bank of Singapore aims to tap the growing number of affluent Chinese and Indians by establishing local offices in their respective countries.
RHB may eye merger with AMMB
RHB Capital Bhd may revisit a potential merger with AMMB Holdings Bhd after failed deals with CIMB and Maybank.
Maybank pulls out of RHB bid
Maybank pulled out of negotiations for the purchase of RHB Capital because of the prohibitive price.
Bankers from Pacific Islands to get training in Italy
The Pacific Financial Inclusion Program announced that representatives from some Pacific countries will join a delegation to attend the Boulder...
PGBank's deposits near VND14 trillion in 2010
PGBank raised its total deposits in 2010 to 13.995 trillion dong, based on its recently released 2010 annual reports.
Woori privatisation collapses behind parliamentary opposition
FSC withdraws proposal to legally ease bank ownership regulations, signaling death of Woori’s stake sale.
DBS Taiwan to sell new high-yield savings products
Move in response to customers who like to see their deposit rates surge in line with actions taken by the Taiwanese central bank.
OceanBank partners with Vinalines
OceanBank pledged to provide financial and banking services to Vinalines including lending for purchasing ships, advising card services, and others...
Banco de Oro eyes acquiring PBCom’s 67% stake
BDO emerged as the second bidder of PBCom after ISM Communications.
Westpac’s CEO to calm mortgage fears amidst experts’ warnings
Kelly defied property experts’ forecasts by saying that although mortgage arrears have increased Australia’s economy will keep the housing market...
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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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