Retail Banking
Westpac restructures retail and business banking business
Group executive for Westpac retail and business banking, Rob Coombe, had resigned and had been replaced by Jason Yetton.
Westpac restructures retail and business banking business
Group executive for Westpac retail and business banking, Rob Coombe, had resigned and had been replaced by Jason Yetton.
Global volatility, not Euro crisis to affect HK banking: Sec KC Chan
While Hong Kong’s banking sector does not have a high level of exposure to European countries with severe sovereign debt problems, the global...
South Korean regulator probes KEB
South Korea's Financial Services Commission has started an inspection of Korea Exchange Bank as part of a follow-up measure following a sale order.
Morgan Stanley gets restricted banking license in Hong Kong
The Hong Kong Monetary Authority has granted a restricted banking licence to Bank Morgan Stanley AG under the Banking Ordinance. The granting of...
Vietnam's OCB 9-month net profit down 8%
Orient Commercial Bank's net profit fell 8% on-year to VND197.5 billion or $9.4 million in the first nine months of the year.
Hana Financial, local brokerage show intent to buy savings banks
Hana Financial Group and Kiwoom Securities Co. are eyeing to acquire a package of ailing savings banks whose operation have been suspended since...
What you need to know about HK banks’ EU exposure
Can HK banks dispel the risks from European banks’ fundings?
ANZ names Michael Luk as Global Head Of Debt Origination
The ex- Bank of America Merrill Lynch banker replaces Reuben Tucker.
China Investment Corp acquires $1.75bn CCB stake
China’s sovereign fund now has 60.46% stake in the lender, up from 59.31%.
Affin's third quarter PBT up 45% to $67.85mn
The lender is positive that the lender will have stellar performance next quarter.
South Korea orders Lone Star to sell KEB stake
FSC said Lone Star should reduce its 51.02% KEB stake to below 10% by mid-May.
Woori and Shinhan vies for Tomato Savings Bank
Tomato’s senior executive commits suicide amid probe on debts.
Standard Chartered HK to increase mortgage interest rate
The changes will take effect today, 21 November 2011 - but how much will the increase be?
Malaysian banks hail central bank financing guidelines
The Association of Banks in Malaysia hailed Bank Negara's Guidelines on Responsible Financing.
Metrobank nine month profit up 47.6% to $205.08mn
The lender's performance brought the bank’s annualized return on equity to 12.3%.
Maybank's first quarter profit up 25% to $409.4mn
Yet the lender is still cautious of weakening global economic conditions which could signal rough times ahead.
PSBank nine month profit up 1% to $35.72mn
The lender's loans and investments interest revenue soared to $19.15mn, offsetting a decline of $19.15mn in trading income.
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