News

StanChart China approved to be bond market maker

Regulator OKs lender's interbank bond market operations as China aspires developing its financial markets.

StanChart China approved to be bond market maker

Regulator OKs lender's interbank bond market operations as China aspires developing its financial markets.

Korea Development mulls bidding for Siam City

Move is KDB's response to Korean President's pressure to boost competency of state-owned banks by privatisation.

Siam Commercial plans opening China operations in 2011

Lender targets profiting from Chinese small and medium enterprises as it ventures in the country.

South Korean regulator considers suing Kookmin Bank

Bank apologizes and promises punishing those involved in leaking of memo regarding a regulatory investigation.

India banks ask interest rates to be stabilised

Bankers said the fall in loan growth below 10 percent may be aggravated once RBI increases rates.

Industrial Bank of Taiwan mulls investing in China

IBT plans to put up a trust company specialising in securitising assets.

DBS eager to increase operations in Asia

Economic recovery and new CEO prompts lender to expansion that could increase earnings by 26 percent.

Korean banks can expect higher profits this year

Measures taken by the government and central bank proved to be successful in hampering NPL growth.

Commonwealth Bank of Australia plans aggressive Asian expansion

Lender wants acquisitions and formation of strategic partnerships focusing on Indonesia, China and Vietnam.

China Construction Bank and Santander eye tie-up

The joint venture intends to install 100 village banks in China with $439 million initial capital.

State Bank of India to beef up workforce

Lender plans employing 25,500 personnel this year.

BEA complies with China's data centre requirement

BEA China became the first locally-incorporated foreign bank in China to open a data centre.

DBS secures licence for Vietnam branch

DBS Bank will set up its first branch in Ho Chi Minh City, Vietnam this year after receiving regulatory approval.

Reported investigations and resignations put Alliance in the spotlight

Speculations simmer down as bank's statement denied rumors of large-scale shakeup.

Bank of China plans raising $3bln thru refinancing

Sources report bank's scheme to replenish capital likely to receive approval from regulator.

Bangkok Bank China opens for business

Bangkok Bank China Co. Ltd., the first Thai bank to be locally incorporated in China, has opened for business.

Westpac begins offering Samurai bonds—source

The lender reissued yen-denominated bonds after a year-long hiatus due to global financial crisis.