News
National Australia Bank injects $582mln to British unit
British regulators stepping up pressure to increase capital to protect lenders from crisis.
National Australia Bank injects $582mln to British unit
British regulators stepping up pressure to increase capital to protect lenders from crisis.
Central Huijin to issue bonds to raise $17.7bln
To spend 80% of proceeds of bond market entry to invest in Chinese banks' financing initiatives.
Taiwan central bank urges lenders to prevent speculation
Governor Perng alarmed at speculative investors who bought 200 houses using money from bank loans.
Sumitomo Mitsui mulls investing $5bln in US bank
The lender is scouting potential buy among 20 US banks to acquire 30% of banking profit from overseas clients.
Agricultural Bank of China attracts big-time IPO investors
The bank takes the opportunity on China government's drive to boost growth in country's centre and Western regions.
National Australia Bank earns $387mln from bond issue
Lender’s sixth Maple bond issue surpassed the $194mln target earnings.
Bank of the Philippine Islands eyes $215mln rights issue
The move is to maintain the bank's above minimum capital ratio and to cope with 15% loan portfolio expansion.
HSBC unveils Renminbi internet banking services
The service was prompted by HSBC's renminbi trade settlement volume which jumped 200% in May.
On-going turmoils cause Thai banks to remain resilient
But analysts say with strong capital and liquidity, stronger banks can still maintain overall performance in 2010.
ANZ quits Korea Exchange Bank bid due to conflicts
ANZ leaves Nomura and MBK Partners as bidders due to tension between North and South Koreas.
Bank of America eyes growth in Australia by developing tactics
Bank of America's Australian unit and Don Argus join forces to develop strategies for the bank's Australian operations.
Industrial and Commercial Bank of China enters Canada
The acquisition of six Bank of East Asia branches is part of ICBC's global expansion plan.
Kookmin Bank chief to resign before tenure ends
Kang Chung-won's plans of early quitting gives incoming KB Financial chief free rein in reorganising lender.
Chinatrust plans to acquire Nan Shan from AIG
AIG still silent on lender's offer previously tagged at $2.15bln by rival bid.
AgBank IPO draws China funds and HK banks
Lender intends to raise record setting $23bln before listing in mid-July.
New Zealand endorses NAB’s bid for AXA APH
NAB’s takeover of $284mln AXA APH assets still needs nod from NZ's Commerce Commission.
Bank of China mulls $8.8bln rights issue
Lender seeks 1.1-to-10 rights issue as analysts fear fund raising could put pressure on weak market.
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