Retail Banking
Australia’s 4 largest banks downgraded under new S&P criteria
Four of Australia's biggest banks were downgraded by Standard & Poor’s under its revised criteria.
Australia’s 4 largest banks downgraded under new S&P criteria
Four of Australia's biggest banks were downgraded by Standard & Poor’s under its revised criteria.
Most Australians saving regularly: ANZ report
Australians’ savings levels have increased to their highest since ANZ began measuring financial literacy in 2002.
Citigroup seeks Japanese to head Japan ops
Citibank Japan head Darren Buckley may step down as soon as regulators prepare to punish the bank for the third time since 2004.
Lone Star to cut KEB deal by 11%
Lone Star has agreed to cut the price of its 4.4 trillion won stake sale in KEB to Hana. Hana Financial Group and the U.S. private equity fund had...
Malaysia and Singapore signs deal setting up cross-border collateral arrangement
Financial institutions in Singapore may now obtain Singapore dollar liquidity from MAS by pledging Malaysian ringgit or ringgit-denominated sovereign...
Vietnam ease lending rules on property
The State Bank of Viet Nam eased restrictions on lending to the real-estate and some other non-production sectors. A recent central bank decision...
Only 2 Chinese banks get S&P upgrade
Only two Chinese banks, Bank of China and China Construction Bank, were upgraded by Standard&Poor's, reports Xinhua News.
Mergers among weak banks not feasible: Vietnamese official
It was not a viable plan to carry out mergers among weak commercial banks, according to the deputy chairman of Vietnam's National Finance Supervision...
Singapore banks slash job perks for expats
Blame it on supply and demand as more senior bankers now want to have Asia experience on their CV.
Citibank Korea Q3 net up 20.6%
Citibank Korea's third-quarter earnings jumped 20.6 percent from a year earlier.
Noor Islamic Bank mulls Malaaysian expansion
Noor Islamic Bank is mulling an expansion to Malaysia to tap opportunities in Southeast Asia.
Bank of China's profit after tax up by 22%
Bank of China recorded a profit after tax of RMB101.28 billion in the first three quarters, an increase of 22.09% compared with the same period of...
Why are the big consultancies silent on the worldwide impact of FATCA on non US citizens?
Find out three reasons, in relation to Duncan Edwards' commentary on Foreign Account Tax Compliance Act.
Operating costs pulls down Citibank Indonesia's profit
Citibank Indonesia saw its profits from January to September go down by 27 percent.
Top Philippine banks expected to break profit targets
CLSA Asia-Pacific expects Banco de Oro, Metrobank, BPI and Security Bank to break their respective profit targets this year.
Vietnam wants to have 15 large banks by 2015
Vietnam’s central bank plans to create a three-tiered financial industry dominated by 15 lenders.
BIDC opens branch in Kampong Cham, Cambodia
The Bank for Investment and Development of Cambodia Plc has opened a new branch in Kampong Cham province.
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