Retail Banking
Moody's upgrades AmBank's BFSR to D
Moody's has upgraded AmBank's Bank Financial Strength Rating to D from D-. It further confirmed the bank’s foreign currency deposit ratings of Baa2/P...
Moody's upgrades AmBank's BFSR to D
Moody's has upgraded AmBank's Bank Financial Strength Rating to D from D-. It further confirmed the bank’s foreign currency deposit ratings of Baa2/P...
ANZ to rebrand wealth management unit
Sources said moniker “OneWealth” will be used to refer to its US$45 billion business.
China defends 2 banks downgraded by Fitch
Regulator insisted banks are sound despite admitting that country’s excessive lending exposed them to credit risk.
Bank of Philippine Islands Q4 net up 7%
2009 full year 33% unaudited income rise is part of BPI’s recorded earnings growth.
Bank of Philippine Islands Q4 net up 7%
2009 full year 33% unaudited income rise is part of BPI’s recorded earnings growth.
Bank of Philippine Islands Q4 net up 7%
2009 full year 33% unaudited income rise is part of BPI’s recorded earnings growth.
Bank Rakyat Indonesia mulls acquiring Bank Agroniaga’s stake
Bank Rakyat is eyeing more than 50% stake 3 years after its last acquisition.
Bank Rakyat Malaysia eyes $500.4mln net in 2010
But the target couldn't be met if Bank Negara decides to increase OPR by .5%.
National Australia Bank’s Q1 net flat at US$986mln
Subdued credit growth and fierce competition caused NAB to lag behind rivals.
Woori's various merger scenarios with other banks surface
Regulator announced possible union between Woori and KB Financial as South Korea targets global financial competitiveness.
OCBC 2009 profit up 12% on non-interest income surge
37% growth in non-interest income together with lower cost-to-income ratio helped lender earn S$1,962mln.
Bank of East Asia posts $330.9mln 2009 profit
Profit surge from US$5mln in 2008 is attributed to earnings in securities trading.
EON Bank proceeds with makeover scheme
Lender positive in moving forward by venturing into bancassurance despite Hong Leong’s failed merger bid.
2 Australian banks report better than expected profits
Bendigo and Adelaide Bank's profit increases as investor confidence on regional banks rebounds.
Westpac profit surges 33% to US$1.44 bn
Reduction of bad debts resulting from improving global financial climate caused the US$1.44bn cash profit.
Singapore lifts ban on sales of structured notes by DBS, Maybank and RBS
The ban was lifted after accounting firms KPMG and PricewaterhouseCoopers said they were satisfied with the banks' plans and implementation.
Kookmin Bank Q4 net grows by $291.23mln
Lender’s profit back to green despite KB Financial’s Q4 net slid by 59.4%.
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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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