News

Hana Financial Group's first-quarter earnings declined 2.6 percent from a year earlier due to decreased interest income.

Bank BNI disbursed US$1.16 billion or Rp 10 trillion in infrastructure loans as of March. This is an increase of 122 per cent from Rp 4.5 trillion at the end of 2010.

The lender mulls to spin off existing UK assets to JV as it woos NBNK and BBVA for partnership.

Compliance to stricter rules aims to ensure that banks have sufficient capital to be ready for a crisis that would minimize any government bailout.

The purchase provides Maybank platform to expand services that includes IPOs within Southeast Asia.

The product provides enhanced access to the potential upside of Greater China as the lender aims to expands Asia-Pacific ETF market.

IDBI Home Finance got a go signal top merge with its parent IDBI Bank from the Corporate Affairs ministry.

Industrial and Commercial Bank of China Ltd. will increase its global footprint by setting up branches in India, Pakistan and Brazil.

Some analysts believe city lenders are adept at dealing with small clients while others doubt on city lenders’ capacity to provide enough human talent and capital for growth.

Hong Kong banks should submit its plan by the end of the month for HKMA to avoid the risk of credit-fuelled property bubble.

Bendigo Wealth delivers better consistency across the bank’s product range as it aligns its portfolio of wealth management services with those of its retail bank.

The lender boasts of its Easy-one Foreign Exchange Transaction Service that aims to eliminate as many banking inconveniences.

An Indian-American pleaded guilty to conspiring to defraud the Internal Revenue Service with five HSBC bankers by hiding his Indian accounts.

ICBC carried out numerous RMB-foreign currency option trading with Bank of China on the inter-bank foreign exchange market.

Costs incurred from massive job cuts and other factors cut down the lender’s profit to $10mn last year compared with $2.49bn in 2007.

Month-on-month transaction growth of 11% has been achieved by the bank since it introduced foreign currency dispenser machines.