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Boosted by strong fee income growth.

Will Europe overtake Asia in RMB trade settlement?

Bank will focus financing small- and medium-enterprises. SMEs have renewed their call for a bank that will focus on providing financing to their sector. They also want a one-stop agency that will help them with all issues ranging from applying for government schemes to doing business overseas.

Service began Oct. 28. Chinese living in nine provincial-level regions (including Beijing and Guangdong) can look up their personal credit reports using an online inquiry service. The new platform is expected to draw public attention to personal credit records and help make credit management a part of people's daily routine. It is another form of credit tracking and will be available to the entire population in the first half of 2014, said the People's Bank of China. PBOC began building its database of credit information in 2006. The database collected information on 820 million individuals, of which 290 million had personal credit files. This database served as a yardstick for financial institutions to measure an individual's trustworthiness, especially when providing a loan. The China Banking Association said China’s financial institutions issued 330 million credit cards by the end of 2012, with annual trading of US$1.63 trillion. PBOC said banks' outstanding loans for home purchases stood at US$1.4 trillion as of end September.

Says growth was in “low single digit".

This time to the tune of US$2.1 billion.

This due to higher net interest income, fees and commissions.

Analyst predicts a 10% fall in prices.

Guess which countries will be badly hit?

Cocktail reception was held last Friday.

President fined but not fired.

Indicates UBS’ resurgence following recent scandals.

Scandal taints group president Yasuhiro Sato.

Has highest NPL ratio among all 17 publicly traded banks.

Seen to rise ahead of US rate hikes.

Will it ever normalise?