News

Chinese banks could default on WMP repayment

Some US$246 billion in WMPs maturing by end-June.

Chinese banks could default on WMP repayment

Some US$246 billion in WMPs maturing by end-June.

Metrobank to issue the Philippines’ first ETFs

Will also list on the Hong Kong Stock Exchange.

Indonesian banks need government incentives for M&As

This will reduce foreign ownership domination of national banks.

Puzzling ICBC breakdown as interest rate surges

One hour outage fuels fears of financial crisis in China.

Chinese banks feel the pain as PBOC chokes shadow banking

Hikes interest rates to extraordinary levels.

UBS shuts down Indian banking unit

Reassessment of business strategy ignited decision to quit.

Maybank sells 9% stake in PT Bank Internasional Indonesia

Stake sold to an undisclosed third party investor.

It’s final: no deal for CIMB and San Miguel

Malaysia’s CIMB Group no longer interested in owning Bank of Commerce.

Societe Generale opens seventh China branch

Says this proves SG’s commitment to the Chinese market.

Higher borrowing costs batter China’s banks

Financial risks rising to critical levels.

ANZ could fire 600 staff in Australia

Will outsource jobs to either the Philippines or New Zealand.

Japanese households amassing financial assets

Assets at their highest level in over five years.

Top Indian banks selling bonds to offshore Chinese investors

ICICI Bank and IDBI Bank raising funds via this route.