Retail Banking
DBS keen to buy businesses shed by European banks
“At the right time and right price, we’ll always be a buyer,” CEO Piyush Gupta said.
DBS keen to buy businesses shed by European banks
“At the right time and right price, we’ll always be a buyer,” CEO Piyush Gupta said.
OCBC’s 3Q11 profit disappoints at S$513m
The bank’s non-interest income also declined 26% due to net trading loss.
Japanese banks shift money into US to escape Euro crisis
The sovereign debt crisis in the Euro zone sure got Japanese banks worried.
UOB’s profit slumps 18% to S$522m in Q3 2011
You can well blame it on poor trading and investment income.
Allahabad Bank's net profit up 21.22%
Allahabad Bank registered a net profit of Rs.488.01 crore for the second quarter ended Sep 30, 2011, from Rs.402.57 crore last year. This figure...
Westpac's profit up 10% to US$7.2B
Westpac Banking Corporation posted a 10 percent rise in full year profit to US$7.2 billion from US$6.54 billion U.S. dollars last year.
Hong Leong Finance opens branch in South Bridge road
The new Hong Lim branch has wheelchair-friendly features such as ramp accessibility and lower service counters.
Nomura Holdings to cut jobs in Japan
Nomura has plans to triple cost cuts to $1.2 billion after incurring its first quarterly loss.
DBS’ profit up 6% to an amazing SGD 762m
Liquidity remains healthy and with steady deposit inflows, loan-deposit ratio is at 84%.
ICICI Bank profit up 22% to $307.5mn
Yet rate increases by the central bank have started hurting demand for retail loans.
Bank Rakyat Indonesia to divest stake in Bank Agroniaga
The move will enable public shareholders to control 20 percent of Agroniaga.
Woori Finance net profit up 8.3% in Q3
Increased interest income and lower credit costs push Woori Finance's third-quarter earnings up 8.3 percent from a year earlier.
Taiwanese banks in the mainland post profits
Mainland branches of six Taiwanese banks gained profits of 30.47 million yuan or US$4.84 million, said Liu Mingkang, chairman of the China Banking...
China Everbright profit up 40.65% for first 3 quarters
China Everbright Bank's profit jumped 40.65 percent year on year to 14.15 billion yuan or 2.23 billion U.S. dollars for the first three quarters of...
RHB Bank beefs up Singapore operations with SG$350M capital fund
RHB Bank added SGD350 million to its capital fund for its Singapore operations, which contributes more than 90 per cent to its international profits...
MAS reprimands OCBC for its failed online and branch banking systems
OCBC’s busted as MAS found out that the bank did not implement sufficient measures to address single point of failure in its system and network...
China Construction Bank profit up 16% to $7.3bn
The figure fell short of analysts’ $ 7.72bn forecast.
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