Retail Banking
China bends over backwards for its banking industry
Regulators are inclined to give Chinese banks more time to meet tougher capital rules requirements.
China bends over backwards for its banking industry
Regulators are inclined to give Chinese banks more time to meet tougher capital rules requirements.
Western credit cards finally invade China
Citigroup, Inc. has become the first western bank and the second foreign bank permitted to issue its own credit card brand in China. It is the world...
CIMB's non-interest income to surpass expectations: HwangDBS Vickers
A research group forecasts CIMB Group's non-interest income for financial year 2012 to be better-than-expected.
Singapore’s top 3 banks brace for lower earnings
Flat interest margins and low loan growth are expected to take their toll on Singapore’s leading banks.
China tells banks to boost the “real economy”
China’s Premier and Vice Premier want banks to keep veering away from speculators and instead support the real economy.
Landbank posts $211M net income in 2011
The Land Bank of the Philippines posted a record high net income of P9 billion or US$211 million in 2011
Graph of the Week: China's dwindling deposits
China’s deposits are slowing down which may force banks to raise more money.
Deposit woes continue to haunt China’s banking sector
In a recent teleconference, Fitch analyst Charlene Chu warned earnings growth is not strong enough and banks will be forced to raise equity.
Westpac prepares to axe more jobs
Westpac employees are bracing for a second wave of job losses as the bank seeks to curb costs.
Andhra Bank net down 8% to $61.7M
Andhra Bank witnessed a decline of 8.45 per cent in its net profit at US$61.7 million for the third quarter ended December 31, 2011.
Corporation Bank's profit rises 5.2% at $81.9M
Corporation Bank posted a marginal 5.2 per cent increase in its net profit at US$81.9 million for the third quarter ended December.
Banks lead record Philippine Stock Exchange surge
A strong rally yesterday led by banks pushed the Philippine Stock Exchange Index to a record 4822.08 points, up by 2.3%.
Research group sees bumps ahead for Public Bank
Alliance Research House stated that there could be factors that could dampen the outlook for Public Bank.
Agribank begins massive restructuring
Vietnam’s largest bank is about to shed non-essential operations as it moves towards becoming a completely commercial bank.
Union Bank of the Philippines posts cheery results
Another cash-flush Philippine bank reports sterling bottom line results for 2011.
Top 4 Aussie banks targeted for ratings downgrade
Soaring loan costs are about to cost Australia’s “Big Four Banks” dearly.
RHB Singapore upbeat on growth amid glocal challenges
RHB Bank Singapore is confident of maintaining growth while expecting more active participation in debt issuance and funding corporate clientele.
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