Retail Banking
CCB brokerage unit to increase research team by 40%
The move is seen to increase the company’s competitiveness in wooing investors for financial services in China.
CCB brokerage unit to increase research team by 40%
The move is seen to increase the company’s competitiveness in wooing investors for financial services in China.
BEA posts record after-tax profit for 2010
Bank of East Asia achieved a record after-tax profit of US$552.4 million in 2010, jumping 60.8 percent from a year earlier.
Major Korean banks bid for troubled Samhwa
South Korea's three major banking groups have submitted bids for a troubled mid-sized savings bank.
AgBank to acquire 51% stake in Jiahe Life
The lender plans to subscribe to 1.04 billion new shares to be issued by the insurer worth $392.55mn overall.
DBS profit up 28% to $2bn
The bank continues to push increase in presence in India and China to sustain growth.
HDFC Bank capitalizes on rural India growth
The bank's is optimistic as the growth of Bharat is driven by implementation of India's agricultural reforms.
BDO's total resources reach $23B in 2010
Banco De Oro's consolidated resources has breached the US$ 22.8 billion mark at the end of 2010. The figure is a 16-percent increase from the...
Metrobank concludes stock right offering
Metrobank concluded a US$228.5 million stock rights offering.
ABC to speed up pace of development in 2011
ABC will build itself into an outstanding large listed bank beginning 2011.
StanChart opens 3 new branches in Jakarta
Standard Chartered Bank opened three new branches in Jakarta on Friday as part of its expansion plans.
RI sharia banks’ expects 45% asset growth in 2011
Bank Indonesia expects sharia banking assets to grow by 45 percent this year after five banks established sharia business units in 2010.
China Everbright Bank upgraded due to stable government control
Moody's upgraded China Everbright Bank's (CEB) long-term foreign currency deposit ratings to Baa3 from Ba1. It also upgraded its short-term foreign...
Moody's sees stronger franchise value in Shenzhen Development Bank
Moody's affirmed Shenzhen Development Bank's Ba2 long-term foreign currency deposit Rating. It also affirmed its D- bank financial strength rating...
Citi appoints Wang pension head for Asia Pacific
Citigroup has named Vanessa Wang Pension Services Head of Asia Pacific.
Vietnam central bank increases net capital injections
SBV adjusted the terms on the open market operations and made strong net injection of capital to support the liquidity for commercial banks.
DBS beats 4th quarter forecasts
DBS promised better returns after beating expectations with a 38 percent rise in quarterly profit.
DBS denies talks on Danamon purchase
DBS denies having talks with Temasek on buying its 68 percent stake in Indonesia's Bank Danamon .
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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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