Retail Banking
Maybank accused of under-reporting loss
DAP secretary-general Lim Guan Eng said Maybank's $225 million reporting discrepancy came from its devalued overseas investments.
Maybank accused of under-reporting loss
DAP secretary-general Lim Guan Eng said Maybank's $225 million reporting discrepancy came from its devalued overseas investments.
Ashraf butters up to Zardar, declares $24.14M profit
Zarai Taraqiati Bank made an unprecedented recovery during the previous year with an increase in profit by US$24.14 million from approximately US$6...
PSBank allowed to team up with Japan's Sumitomo
PSBank has been granted approval by the Philippine's central bank to invest up to 40 percent or approximately $38 billion in a joint venture with...
SCB to change focus beyond lending
Despite expecting 3 percent to 5 percent growth in loans this year, SCB executive chairman Vichit Suraphongchai studies ways to upgrade the bank's...
CBA chief Norris' pay rises due to share based payment
Yet despite his 6 percent salary rise, CBA chief Ralph Norris' short-term incentives were cut by 10 percent due to the bank's 1 percent slide in net...
ING receives bids for its Asia, Switzerland assets
The transaction aims to help ING pay its US$14.25 billion debt from the Dutch government.
Dhanalakshmi Bank launches Internet banking
Dhanalakshmi Bank is leveraging technology to spread its footprint across the country with its new Internet banking services.
Banco de Oro posts highest AUM with $6.97B
Banco De Oro Unibank has the highest assets under management at the end of June 2009, accounting for 25.15 percent of the total or US$8.56 billion...
Zaharrudin to replace retiring Ahmad as Maybank chair
Maybank Chairman Tan Sri Mohamed Basir bin Ahmad will not seek reappointment at the forthcoming Annual General Meeting on 30 September and will retire...
CIMB officially rebranded and listed
CIMB Group CEO Datuk Seri Nazir Tun Razak said the banks was now at "day one" with the brand change from Bumiputra Commerce complete for all 36,000...
Stanchart launches Private Banking in Taiwan
With high net worth individuals set to double by 2012, Stanchart wants to double its AUM.
Wong is HSBC China's new Deputy CEO and Director
HSBC Bank China appointed Helen Wong as its new Deputy Chief Executive Officer and Director of the Board with immediate effect.
Hatton National Bank's profit up 13% to US$15.39 million
Increased earnings from fixed income securities and customer deposits pushed Hatton National Bank's net interest income up by 18 percent to US$61.67...
ICBC grows assets by pursuing Chinese clients overseas
By extending its overseas operating institutions to 15 countries, ICBC's overseas operating assets as of end of June grew to US$46 billion, increasing...
BPI first half net income up 38.4%
BPI turned in a net income of US$49 million in the second quarter 2009, bringing the first semester total to US$108 million, 38.4 percent over 2008...
Security Bank ROE up 20.76% for 1st half
Increase in loan portfolio and deposit base pushed Security Bank's Return on Equity to 20.76 percent. This is significantly higher than the Bank's 19...
DBS appoints Piyush Gupta as CEO
DBS has appointed veteran banker Piyush Gupta, 49, as Chief Executive Officer (CEO). A Singapore permanent resident, Gupta spent over two-thirds of...
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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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