Retail Banking
Bank Rakyat Indonesia forecasts 2010 profit up 15%
Yet BRI’s $922mn estimated profit might fall second to Bank Mandiri’s $942.35mn.
Bank Rakyat Indonesia forecasts 2010 profit up 15%
Yet BRI’s $922mn estimated profit might fall second to Bank Mandiri’s $942.35mn.
Hua Xia Bank forecasts 50% 2010 earnings growth
Hua Xia Bank forecasts its 2010 net profit will grow 50 percent year-on-year from US$570.9 million in 2009.
ICBC to buy 80% stake in BEA US branch
Industrial & Commercial Bank of China intends to spend $140 million to acquire an 80 percent stake in The Bank of East Asia's American branch.
JP Morgan Chase ups stake In ICBC
JP Morgan Chase raised its stake in Industrial and Commercial Bank of China.
BOC launches yuan CDs in Macao
Bank of China’s Macao branch started sales of one billion yuan worth of yuan certificate of deposits. These are the the first yuan CD issued in...
Taiwanese financial holding companies to raise salaries
Companies to hike pay to up to 10% to employees who performed well.
National Australia Bank confronts $450mn class suit
The bank waits to see a statement of claim in the matter while it will vigorously defend the case.
Public Bank's pre-tax profit up 23%
The Public Bank Group recorded a pre-tax profit of US$1.34 billion for 2010. The figure represents a 23 per cent growth from 2009. The Group also...
Bank Of Nanjing forecasts 50% 2010 net increase
Bank of Nanjing forecasts that 2010 net profit attributable to shareholders may grow 50 percent year-on-year.
Bangkok Bank reports 2010 net of $808M
Bangkok Bank and its subsidiary companies have reported a net profit of US$808 million for 2010, 19.9 percent higher than in 2009.
Siam Commercial fourth quarter profit up 26%
Thailand economic growth seen to boost the bank's loan demand in 2011.
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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.
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