Retail Banking
Westpac seeks raising $6.64bln in Europe
The bank had to source funds by covered bonds elsewhere since they are banned in Australia.
Westpac seeks raising $6.64bln in Europe
The bank had to source funds by covered bonds elsewhere since they are banned in Australia.
Life insurance sales more attractive to job seekers
According to recruiting experts Hays, a career in life insurance sales is now considered more attractive to job seekers, but employer inflexibility...
Yuan transactions to reach $3tln by 2015--CCB
The currency has become more attractive since China ended a two-year peg to the dollar and investors bet on further gains.
International firms bid for Woori takeover
Six companies submitted letters of intent to the South Korean government to buy Woori’s 57% stake.
ANZ quits bidding for Korean Exchange Bank takeover
Move brought relief to ANZ’s investors, who were nervous about the capital needed to fund the acquisition.
China Everbright plans to acquire a trust company
The lender considers joining leading Chinese banks that have built presence in trust business by merging local trust companies.
Bank Rakyat Indonesia eyes buying mid-sized lender
Aims to buy majority stake of a smaller bank with identical vision with its micro-loan expansion.
Metrobank to price $230mln rights issue in December
Seeks to raise additional capital to take advantage of growth opportunities given the improving economic conditions.
Moody's reviews Hana Bank and KEB
Moody’s placed all Hana Bank ratings on review for possible downgrade while eyeing Korea Exchange Bank’s debt and deposit ratings for possible...
Bank Mandiri keen to expand ties with ICBC
The Indonesian bank to exploit growing business potential between Indonesia and China.
XacBank is a growing franchise, says Moody’s
Moody's has assigned XacBank a D- Bank Financial Strength Rating. The Mongolia-based bank also received a Ba3/NP for long- and short-term local...
StanChart targets Taiwan`s top foreign bank spot
The lender aims to accomplish feat in 3-5 years time as it has recruited 100 more new employees.
ICICI Bank sees 18% credit growth in 2010-11
The lender attributes positive growth to its healthy current accounts and savings accounts deposits level.
CCB provides $3bln credit line to a Beijing housing commission
Beijing supplied 12.63 million square meters of land for security housing projects and 1.64 million square meters for low-income housing.
Taiwan`s state-run banks expects downtrend in its mortgage lending
The central bank has directed banks to strictly screen mortgage applicants to help cool the soaring real estate market.
CIMB Group profit up 31.9% to RM2.64bln
The year-on-year growth for nine months is part of the Group’s first set of financials which are in full compliance with the Basel II framework.
Korea Exchange Bank union objects Hana's takeover
4,000 employees are expected to join to protest Hana’s takeover as it conducted due diligence on KEB.
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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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