Retail Banking
OCBC Bank invests $20m in Singapore
56 OCBC branches will now have a new account opening system.
CIMB Group’s net profit reaches RM1b in 3Q11
This is 10.5% above its 3Q10 net profit of RM916 million.
Mitsubishi UFJ raises full-year profit target by 50%
The Japanese bank's gain from conversion of shares in Morgan Stanley drove the profit target increase.
Japanese megabanks' net profits better than expected
The net profits of Sumitomo Mitsui Financial Group Inc. and Mitsubishi UFJ Financial Group Inc. from April to September came in better than initial...
HDbank gets under 10% credit growth in 2012
The State bank of Vietnam assigned a credit growth cap of 10% for the HDBank in 2012 as the lender violated regulation on interest cap.
TienPhong Bank posts net profit of VND79B
TienPhongBank posted a net profit of VND79.07 billion or $3.77 million in the third quarter of this year, rising 50% from a year earlier.
Nepal's Nations Trust Bank post-tax profits up 38%
The Nations Trust Bank reported post-tax profits of Rs 1,170 million for the first 9 months of the year, up 38% over the corresponding period in 2010...
ANZ targets ‘pretty aggressive’ growth in China: Chairman
Encouraged by a revenue jump of 80 percent in its last fiscal year, ANZ is targeting “pretty aggressive” growth in China.
You won’t believe how depressing employment in Asian banks can get
It's pretty grim for bank employees looking for a job.
Institute of International Finance elects DBS CEO Piyush Gupta as board member
This is the first time a Singapore-headquartered bank gets represented in IIF.
Ex-Citigroup Indonesia manager steals $5m
Inong Malinda Dee faces five to 20 years imprisonment if convicted.
Ruling fails to cast out doubt on Hana-KEB merger
FSC is probed on whether it neglected the duty of probing Lone Star’s shareholder eligibility.
Ocean Bank eyes maritime customers
an Commercial Bank is eyeing corporate customers in maritime, shipbuilding, petroleum and precision engineering in the Province of Khanh Hoa with its...
New Zealand delays tightening bank lending rules
New Zealand’s central bank will delay an increase in the core funding ratio to 75 percent from 70 percent by about six months to Jan. 1, 2013.
IBM Study of more than 1,700 CMOs reveals digital era transforming their agenda
The study revealed that 8 out of 10 chief marketing officers will increase social media use in 3-5 years.
BofA deems more CCB shares sale
Chinese paper reported that the American bank was weighing selling part of its remaining CCB stake to boost its capital.
State Bank of India to raise $1.63bn
The fundraising activity before March aims to augment thin capital and weakening asset quality.
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