News
Yes Bank eyes acquisitions for expansion goals
Yes Bank is open to acquisitions in banking, broking and asset management businesses.
Yes Bank eyes acquisitions for expansion goals
Yes Bank is open to acquisitions in banking, broking and asset management businesses.
New bank loans to China's corporate sector declined sharply by 27%
Find out what went wrong in 2012.
OCBC's focus on higher-yielding unsecured personal lending may be futile
It's not enough to offset higher funding costs.
2 risks that could drag UOB down
Worse-than-expected margin deterioration is one risk.
Singapore banks must brace for flat underlying earnings growth in 2013
Mild uptick in credit costs offsets single-digit revenue growth, says Barclays.
Financial firms less dependent on banking credit
Continue to turn to shadow banking for funds.
CDB to finance more infrastructure projects in China
China's largest infrastructure project lender to fund more urbanization-related projects.
Krung Thai Bank eyes 15% fee income growth for 2013
It will benefit from the government’s THB2t infrastructure spending over the next seven years.
Philippine banks to raise more capital to meet Basel 3 guidelines
Maybank says capital instruments issued in 2011 will be qualified until 2015 but older issuances will be ineligible.
Sumitomo Mitsui’s market value rises by 5.1%
Recent stock market rally also benefits other Japanese megabanks.
Union Bank of the Philippines surprises with Php7.6b profits in 2012
It's 8.5% higher than analyst's estimates.
Hong Kong banks' trade finance to grow 20% in 2013
It's also expected to be more China-biased.
Goldman Sachs cuts its stake in ICBC for the fifth time since 2009
GS sold around 1.34b H-shares of ICBC.
Singapore's loan growth feared to be on a declining trend
Overall loan growth is expected to moderate to 8% this year.
State Bank of India to open second Chinese branch
Will be located in Tianjin, the largest coastal city in northern China.
Hana Financial to delist KEB after buy out
Will follow its taking over 100% of Korea Exchange Bank.
Probes reveal banks' manipulation in Singapore’s offshore FX market
Evidence surfaced that traders colluded to manipulate rates in Singapore's offshore foreign exchange market.