Retail Banking
Korea Deposit Insurance sells 7% of Woori stake
The goal of privatising Woori pushed KDIC to a $751.4 million stake sale on Tuesday.
Korea Deposit Insurance sells 7% of Woori stake
The goal of privatising Woori pushed KDIC to a $751.4 million stake sale on Tuesday.
Steve Sargent is GE Capital's new President & CEO for APAC
General Electric Company's financial services segment GE Capital has appointed Steve Sargent as president and CEO of its business operations in Asia...
China's regulator to big banks: Raise capital ratios
Source says CBRC told country’s top banks to increase capital adequacy ratios by 2 percent from average.
China Minsheng’s United Commercial Bank’s acquisition attempt denied
A source says policies on foreign investments rule out possibility of China Minsheng’s UCB takeover.
Punjab National Bank eager to expand insurance operations
Dissolving JV with Vijaya Bank and Principal Group would enable Punjab National Bank to become more competitive.
Citibank Korea rated on own profile
Standard & Poor's no longer incorporates an uplift on Citibank Korea Inc and rated it on its stand-alone profile.
Korea Exchange Bank pursued by other banks
As economy improves, CEOs of other South Korea banks are eyeing to merge with KEB.
Bank Ekonomi increases profits by 55%
Bank Ekonomi reported profit before tax of US$33 million for the nine months to 30 September 2009. The figures represent an increase of 55 percent on...
China banks approach Newbridge for Taishin stake
The Commercial Times reported that Chinese banks want to buy $923-million worth of Taishin stakes.
Westpac to focus on localised, personalised operations
Bank managers are reinstated in Westpac South Coast to serve customers with personal touch.
Liang appointed Fubon Managing Director and CEO
Mr. Pei-Hwa Thomas Liang succeeded Mr. Jin-Yi Lee as Managing Director and Chief Executive Officer of Fubon Bank. This was announced by the bank’s...
Chang Hwa cited for good funding, liquidity
Chang Hwa Bank's good market position, established franchise and importance to Taiwan banking system's stability is the basis of Standard & Poor’s...
Punjab National Bank finds no takers for PNB Gilts
Lack of buyer leaves PNB to acquire PNB Gilts as an option.
Korean Shinhan launches first branch in Vietnam
Shinhan is targeting the 90% of Vietnamese people who have yet to open a bank account with its new launch into Vietnam.
Soros invests $100mln in Minsheng
Soros Fund Management LLC, founded by George Soros, has spent $100 million to invest in China Minsheng Banking Corp Ltd. It plans to issue 3.82...
Allahabad Bank retains its conservative growth strategy
Present de facto CEO continues to adopt bottomline growth strategy introduced by his predecessor.
HSBC Amanah launches its initial off-site ATMs
The opening of ATMs in Suria KLCC signals the start of the bank's expanded distribution capability.
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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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