Retail Banking
South Korea's top banks brace for lower profits in 2012
This year won’t be a happy one for the bottom line of South Korea’s major banks.
South Korea's top banks brace for lower profits in 2012
This year won’t be a happy one for the bottom line of South Korea’s major banks.
Cathay United Bank strikes deal with China Development Bank
Part of the MOU is to further efforts to carry out personnel training to further boost business exchanges between lenders.
ANZ Bank mulls offering debut covered bond sale in euros
The issue became possible after an amendment to Australia’s Banking Act allowing the country’s banks to offer covered bonds.
Sumitomo Mitsui banks on U.S. Treasuries for profits
Running short of viable investment options, Japan’s Sumitomo Mitsui Financial Group will continue investing in U.S. Treasuries to boost profits.
Bank Sarasin appoints 3 senior executives in Asia
The bank beefs up market focus on China and Southeast Asia with key promotions in Hong Kong and Singapore.
Sumitomo Mitsui Financial Group to buy European lenders' assets
Japan's second biggest bank received $90b in offers from European banks.
Debt threat: Top 5 Chinese banks face massive bad debts
Shares of China's five biggest banks lost an average 22% in 2011 on concerns that a record two-year credit boom may unravel and lead to rising bad...
ABC to enhance cooperation with MBA schools and banks to develop talents
ABC wil deepen its cooperation with Ivey Business School and Bank of Montreal to develop talents, according to Mr. Zhang Yun, President of ABC.
KEB told to fire Lone Star board members
South Korea's financial watchdog advised KEB to dismiss four board members from Lone Star Funds due to stock manipulation.
Agrobank eyes agriculture downstream activity
Agrobank Bhd is eyeing growth in downstream activities in the agriculture sector as part of its strategy in diversifying loan portfolio for next year...
Merged bank named Saigon Commercial Bank
Ficombank, Tin Nghia Bank and Saigon Commercial Joint Stock Bank passed a resolution to name the joint merger bank as ‘Saigon Commercial Bank’.
Lone Star's eligibility as KEB owner scrutinized
Lone Star's qualification to hold more than a 4 percent stake in Korea Exchange Bank is under review.
Bank Mandiri earmarks $439M for the holidays
Bank Mandiri allocated US$439 million for its customers' needs during Christmas and New Year.
What you need to know about Indonesian banks
Fitch expects lower but still healthy loan growth in 2012 - but how healthy is it?
HSBC sells private banking unit in Japan to Credit Suisse
This is part of HSBC's strategy to cut $3.5b annual costs.
Malaysia to permit more foreign bank ownerships
The country seeks to triple its financial sector by the end of this decade.
Sacombank to sell 15% stake to Credit Suisse in January
Vietnamese banks are indeed looking to foreign investors for capital support.
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