News
India may sue HSBC over black money
The Indian government may sue HSBC for persuading their executives to stash undeclared money in a Geneva branch.
India may sue HSBC over black money
The Indian government may sue HSBC for persuading their executives to stash undeclared money in a Geneva branch.
Korea's bank loans to self-employed people reach $88.8B
Bank loans in South Korea taken out by self-employed business owners reached a record high in November.
ABBank posts pretax profit of $18.6M in Jan-Nov
ABBank reported a pretax profit of VND391.3 billion or $18.6 million in the first eleven months of the year.
DBS establishes USD 5b commercial paper programme
Guess who DBS selected as dealers under the programme?
ABN Amro reopens branch in Hong Kong
The commercial banking unit in Hong Kong is staffed by two bankers.
Gov’t support dispels big impact of new rating criteria to AsiaPac banks
And the outlooks on 79% of the banks in the region are stable under the new criteria.
Standard Chartered to increase financing for Indian companies
According to Bloomberg, StanChart ranks third in Indian mergers advisory this year.
Woori should not be bought by private-equity funds: Lee
So as to avoid the mistake that happened when Lone Star Funds acquired Korea Exchange Bank, said Lee Jae Sool.
People's Bank of China to create $300b investment vehicle
According to Reuters, the vehicle will target investments in the US and Europe.
China headed for a banking crisis
61% of global investors predict that the country will face a crisis within the next five years.
Hong Kong banking bill 2011 amendments to be gazetted
Hong Kong's Banking Bill 2011 will be gazetted on December 9.
Bank Islam expects improved Q4 results
Bank Islam expects better fourth quarter results ending Dec 31, said managing director Datuk Seri Zukri Samat.
Bank Islam to expand in Indonesia, Bangladesh
Bank Islam is eyeing opportunities for expansion in Indonesia and Bangladesh.
Maybank targets to lead region's electronic banking transactions
Newly launched Maybank eCustody to provide the "final link" in the group's overall electronic banking offering to clients.
DBS mulls adding staff by 10%
The lender aims to take advantage of yuan's rise to become major offshore trader of the currency.
Three Vietnamese banks get approval to merge
Ficombank, Ting Nghia Bank and Saigon Commercial Bank have received approval to merge.
Bangkok Bank to open 4 more Malaysian branches
Bangkok Bank will opening another four branches in Malaysia by 2016, says CEO Robert Loke.
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