Retail Banking
Mandiri may increase rates on central bank's policies
Mulls increasing lending rates to 15 basis points after August inflation figures reached a 16-month high.
Mandiri may increase rates on central bank's policies
Mulls increasing lending rates to 15 basis points after August inflation figures reached a 16-month high.
Hong Leong Finance unveils first SME Center @ Branches
Company opens first full-service one-stop financial soutions centre at its City Square Mall Branch.
HSBC Group Chairman to step down
Stephen Green will leave HSBC Holdings plc to become UK Minister of State for Trade and Investment in January 2011.
Bank of Communications pursues to double profits
Lender to concentrate on low capital and high incomes operations to achieve goal.
HSBC Life ventures into bancassurance in China
Policies that are sold through HSBC and other banks amounted to $12.6mln and exceeded targets.
China Life targets control over China Minsheng
Insurer’s chairman said it will strengthen non-insurance core businesses, including assets management, banking, securities, and trusts.
Korea’s NPS mulls buying stake in Woori Finance
$258bln pension fund may join Hana Financial to make a bid or venture its own investment.
GRG wins recycling machines bid from Ziraat Bank
GRG HK, a wholly-owned subsidiary of GRG, had won a bid for 1250 units of recycling machine H68N from the Agricultural Bank of the Republic of Turkey...
Mizuho plans stake acquisition in Asian banks
Lender willing to invest $1.2bln in M&A as it joins rivals in shifting resources abroad.
DBS issues $1bln 5-year bonds
Sale intended to raise funds to ease high US dollar loan-to-deposit ratio and improve financial standing.
Bank Julius Baer develops Asia as second home market
Lender to launch trust company in Singapore and representative offices in other Asian nations. Swiss private banking group Julius Baer is...
RBI wants higher salaries to PSU banks' CEOs
India's central bank concerned that public sector may lose talent to private sector that offers crores.
Westpac names Jane Kittel BankSA CEO
Kittel to replace Rob Chapman after being general manager of lender's Pacific Banking division.
Commonwealth Bank offers $1.4bln of bonds
Lender's largest bond sale in its home market since March 3 is due in 2013.
Woori targets topping rivals via Hanmi Financial deal
Deal aimed to help Woori secure position and raise awareness among Americans.
Bank Negara Indonesia targets $1.1bln from rights issue
Target up from $400mln as market has become more conducive for raising funds.
Morgan Stanley applies as bidder for Woori takeover
Analysts see JP Morgan or UBS to acquire Woori among eight shortlisted bidders.
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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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