News
HSBC’s Finance Director eyed as chairman candidate
Lender’s independent directors on a search for its chairman’s replacement as Green will join British government.
HSBC’s Finance Director eyed as chairman candidate
Lender’s independent directors on a search for its chairman’s replacement as Green will join British government.
UOB Malaysia wants more privilege banking customers
Bank targets additional 4,000 elite customers by year-end and total of 50,000 by end of 2015.
Regulator approves ANZ Bank's $373mln China unit
Plans to set up 20 branches in three years as it targets stronger foothold in China.
HSBC launches online US Stock Trading Services
Service available online, over the phone and via iPhone with flat $18 per transaction brokerage fee.
StanChart keen on Taiwan operations
Reinforces corporate, home lending, and wealth management operations as profit in first seven months reaches US$98.6mln.
Mandiri selects six global banks for rights issue
Indonesian lender to choose two international selling agents to underwrite $1.5bln rights issue.
OCBC to kickstart 'Go China' campaign
Customers could fulfill investment with package offering new range of financial solutions with exclusive China focus.
Hong Kong RTGS incorporates real-time features to SwiftNet
Move enhances lenders' interoperability by using uniform standard to process domestic and international payment.
National Australia junks bid for Axa Asia
Regulator's blocking of NAB-AXA deal paved way for AMP offer as insurer remains strategically attractive.
Asia-Pacific banks suffering from decreasing customer loyalty
63% of survey respondents have more than one product outside their main bank.
SBI wants increase in public sector bankers' salaries
Echoes RBI's comment that PSBs might lose talent to private sector lenders behind poor compensation packages.
Mandiri may increase rates on central bank's policies
Mulls increasing lending rates to 15 basis points after August inflation figures reached a 16-month high.
Hong Leong Finance unveils first SME Center @ Branches
Company opens first full-service one-stop financial soutions centre at its City Square Mall Branch.
Bank of Communications pursues to double profits
Lender to concentrate on low capital and high incomes operations to achieve goal.
HSBC Life ventures into bancassurance in China
Policies that are sold through HSBC and other banks amounted to $12.6mln and exceeded targets.
China Life targets control over China Minsheng
Insurer’s chairman said it will strengthen non-insurance core businesses, including assets management, banking, securities, and trusts.
Korea’s NPS mulls buying stake in Woori Finance
$258bln pension fund may join Hana Financial to make a bid or venture its own investment.
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