Retail Banking
DBS seeks China expansion, India incorporation
DBS would want to have 50 branches in China over the next three years and. It also intends to do the same in India by setting up a locally...
DBS seeks China expansion, India incorporation
DBS would want to have 50 branches in China over the next three years and. It also intends to do the same in India by setting up a locally...
Woori keen on M&As of Southeast Asia banks
The bank excluded China in moves as it does not allow foreign financial companies to have management rights.
Westpac targets institutional banking business expansion
The lender wants to capitalize on expected corporate lending boom by expanding institutional banking.
Hana to sell shares for KEB takeover
Hana Financial Group plans to issue shares worth US$1.25 billion in a bid to help finance its takeover of Korea Exchange Bank.
Massive job cut leads to KB Financial Q4 loss
KB Financial Group swung to a loss in the fourth quarter from a year earlier due to a massive one-off charge for its job-cut program.
Vietnam banks expect to post strong profit growth
Commercial banks in Vietnam posted solid earnings in 2010 with an average growth in profit of over 20 per cent. Most of the growth is ascribed to...
Vietnam President upbeat with ACB's development
Vietnam President Nguyen Minh Triett said he believed that with its advantages in capital and its professionalism, Asia Commercial Bank would...
MCB merges with Arif Habib Investments
MCB Bank, its sponsors and Arif Habib shareholders signed the proposed merger agreement of their asset management companies.
Hong Kong banking remains resilient
Hong Kong’s banking sector remained resilient last year despite uncertainties in the global landscape.
Korea Eximbank needs to increase capital
The new head of South Korea's state-run trade bank on Wednesday stressed the need to increase the bank's capital in a bid to beef up its capacity to...
NAB maintains campaign to abolish fees and cut prices
The lender pushes move despite amidst Senate Economics Committee report on banking competition.
Shinhan fourth quarter profit down 44% to $328mn
The lender still on hunt for CEO as acting Chair and CEO Ryoo Shee-yul is not included on the list.
Westpac provides emergency banking in Tully, Caldwell
Westpac has set up an emergency banking relief service in Tully for Cyclone Yasi -affected customers. This will allow them to cash emergency relief...
DBS appoints senior private bankers for Indonesia team
The bank assigns Stanley Puah and Tan See Wee to increase Indonesian team by 25%.
HDFC Bank offers salary accounts for Indian Army
Aside from $11,039 free life coverage, salary account’s other features includes pension accounts, wealth advisory services, as well as debit and...
Shinhan Financial's Q4 net up 42.2%
Shinhan Financial Group's net income stood at US$329.9 million for the October-December period. Compared with with the US$232 million for the same...
KEB Q4 net falls 22.8 %
Korea Exchange Bank's earnings sank 22.8 percent in the fourth quarter from a year earlier due to a non-interest loss and rising costs.
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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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