Retail Banking

ANZ could fire 600 staff in Australia

Will outsource jobs to either the Philippines or New Zealand.

ANZ could fire 600 staff in Australia

Will outsource jobs to either the Philippines or New Zealand.

Top Indian banks selling bonds to offshore Chinese investors

ICICI Bank and IDBI Bank raising funds via this route.

SBI sees profit from bond sale

Will profit substantially from rupee plunge.

Hong Kong residents investing more in RMB products

RMB assets to rise to 32% of their portfolios.

CIMB skills up Malaysian graduates with 6 partners

CIMB pioneers human capital development programme.

China’s financial system remains healthy

Spanish bank expects non-performing loans to rise gradually, however.

BPI launches agriculture loan program

It has a US$441m agriculture portfolio.

ICICI Bank launches “HiSave”

Pays market-leading rate to selected savers.

M&A binge predicted for Philippine banks

Will be led by mid-sized commercial banks.

China to introduce deposit insurance system

Will lay the basis for interest rate liberalization in banking sector.