Retail Banking

ANZ recruits former Westpac senior officer

Phil Chronican's diversity of experience described as a momentum booster for ANZ's domestic operations.

ANZ recruits former Westpac senior officer

Phil Chronican's diversity of experience described as a momentum booster for ANZ's domestic operations.

HSBC appoints new SAR CEO

In HSBC's plan to develop more business in Hong Kong Mark McCombe was assigned to take over as region's CEO.

Indian banks go for Granny market

Roughly about 80 million seniors in India are being persuaded by banks to avail of customised products.

State Bank of India orders ATMs from Wincor Nixdorf

Wincor Nixdorf executive Ricardos Khoury said State Bank of India plans to install 1,000 more branches and upgrade its services.

Pomelo farmers hope for fruitful ANZ foray in China

ANZ became the first Australian bank to enter China’s rural market as it lends support to Liangping's pomelo industry.

Keating slams govt for giving banks too much power

Government should exercise its regulatory role more strictly, said former Prime Minister Paul Keating.

Managing ALM risks for life insurers in Asia

Asset-liability management (ALM) issues facing life insurers in Asia have grown in depth and scale since the 2008 financial crisis. What are the...

CMB sees holdings of foreigners shrinking

Foreign banks cut investments in CMB since August 2009, with JP Morgan Chase & Co., UBS and Barclays Bank among the said investors.

Talks on PBCom sale in “advanced stages”

PDIC head told the media of bank’s possible acquisition by investors.

PNB eyes stake in Metrokombank

Part of PNB's expansion overseas includes tapping Kazakhastan market.

SBI, State Bank of Indore tie-up asked for clarifications

Concerns prompted Indian government to look for details of the merger.

ICICI Bank to divert assets into JV

ICICI enters a US$80 million joint venture deal with First Data.

Agricultural Bank of China collaborates with DBS

DBS Bank and Agricultural Bank of China signed an MOU to enhance cooperation in Asia across a wide spectrum of businesses. These include cash...

StanChart expands dealer base in China

StanChart senior executive John Tan said the bank's addition of dealers by two-thirds in three to five years aims to intensify presence in the country...

DBS Bank ties up with Aviva India

The partnership would enable DBS to offer Aviva services to high net worth customers in India.

NAB to issue hybrid tier 1 securities

In an effort to safeguard bank deposits, NAB looks forward to sell US$500 million in hybrid tier 1 to investors in Europe and Asia.

HLB offers new retail deposit product

HLB personal financial services CEO Moey Tan was eying to surpass 6 percent to 8 percent average growth for the market.