Retail Banking
New Zealand banks to face tighter capital adequacy requirements
The Reserve Bank of New Zealand is proposing that banks implement the Basel III capital adequacy requirements.
New Zealand banks to face tighter capital adequacy requirements
The Reserve Bank of New Zealand is proposing that banks implement the Basel III capital adequacy requirements.
Lone Star’s KEB earnings down 63%
Lone Star Funds’ Korea Exchange Bank third-quarter profit declined to 117 billion won or $104 million from a restated 319.3 billion won a year...
Don’t be fooled by Japanese banks’ offshore growth: Fitch
Accumulated amount of all overseas investments by Japan's mega banking groups is about 2% of Tier 1 capital - but Fitch believes this growth is...
Korea Exchange Bank’s profit suffer from pending buyout
The Bank posted a significant 63% drop in its 3Q11 profit after Lone Star Funds announced it would sell its stake to Hana Financial Group.
Voluntary Separation Scheme available for HLB, MIMB employees
Hong Leong Bank is offering a voluntary separation scheme to all permanent employees of the bank and MIMB Investment Bank.
Weak India performance pulls down StanChart results
Standard Chartered's problems in India caused its growth to slow down in the latest quarter.
City Union Bank net profit up 26%
City Union Bank today reported 25.8 per cent jump in net profit to Rs 77.52 crore for the second quarter ending September 30. For the half-year...
ICBC profit up 28.3% in first 3 quarters
ICBC recorded a profit after tax of RMB 164 billion in the first three quarters of 2011, up 28.31% over the same period last year. The Bank has...
City Union Bank holds off plans to raise savings account rates
City Union Bank has decided to hold off plans to revise its interest rates on savings bank accounts.
Bank of China faces challenges, opportunities as SIFI
Bank of China will face the challenegs after being named one of the systemically important financial institutions or SIFIs by the Financial Stability...
DBS, UOB post different results for Q3
DBS exceeded its expected net profits for the third quarter, but another Singaporean bank, UOB, posted lower than expected net profit.
ANZ group posts US$ 5.5 B profit
ANZ Banking Corp. posted a 19 percent rise in annual profit to 5.36 billion Australian dollars or $5.54 billion.
India's govt banks won't increase savings interest rates
Public sector banks are will not raise interest rates as they are convinced their customers will remain loyal.
Institutional caution issued against Kookmin Bank
An institutional caution has been issued and a fine of 54.5 million won or US$49,086 has been slapped against Kookmin Bank for breaching regulations...
IBK net incomes up 12% in Q3
The Industrial Bank of Korea announced that its third-quarter earnings rose 12 percent from a year earlier due to an increase in interest income.
China's central bank injects cash via open market
The People's Bank of China stopped draining liquidity from banks through its open market operations this week.
Asian banks hit by another round of massive job cuts
Credit Suisse and Nomura Holdings recently announced cost cutting, all the more proving Asia’s falling job market.
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