Retail Banking
China banks seen to post ‘strong’ profit growth in third quarter
More central government moves to address local government debt issue, decline in inflation and resolution of the European debt crisis may boost...
China banks seen to post ‘strong’ profit growth in third quarter
More central government moves to address local government debt issue, decline in inflation and resolution of the European debt crisis may boost...
Thai banks' fourth quarter profit seen to decline
Bad loans, higher costs, and lower demand seen to hit lenders’ results.
South Korea regulator to order Lone Star to sell KEB shares
The American company said to have told the FSC it cannot find a way maintain status as KEB's major shareholder.
Union Bank of India profit up 16% to $71.2mn
The lender’s total income was posted at $1.13bn during the quarter.
Chinese banks may be stuck with record low valuations
Shares of China’s biggest banks fell an average 23% this year.
KB Financial and Woori bid for Jeil Savings Bank
Reports said Hana Financial had also joined the auction on taking over the suspended lender.
Maybank forecasts foreign remittance segment to grow by 15%
Estimate was made after the lender joined forces with Axis to boost remittance from India.
Bank of Maharashtra's net profit up 92%
Bank of Maharashtra announced its net profit for the second quarter is up by 92 per cent at Rs 100.42 crore compared from Rs 52.3 crore in the same...
Union Bank of India net profit up 16.2%
Union Bank of India reported a net profit of Rs.352.5 crore for the quarter ended Sep 30, 2011, increasing by 16.2 percent from Rs.303.4 crore of the...
Bank Rakyat pre-tax profit, zakat up 17%
Bank Rakyat's pre-tax profit and zakat for the first of 2011 is up by 17 per cent to RM1.5 billion from RM1.28 billion in the same period last year...
Julius Baer appoints Kaven Leung as CEO North Asia and deputy CEO Asia
He will also be Chief Executive of the Hong Kong branch as of 19 April 2012, but is still subject to regulatory approvals.
Regulatory requirement makes foreign banks in China race for cash
The Chinese Banking Regulatory Commission’s 75% loan-to-deposit ratio requirement is giving banks a tough time.
Hana Financial third quarter profit down 58% to $178.9mn
The company awaits regulator to order Lone Star to sell stake in Korea Exchange Bank to discuss deal.
Foreign banks in China remain positive on expansion moves
Foreign lenders strive to survive despite losing market share as domestic banks are gaining competitiveness.
Commonwealth Bank shells out $55mn for additional 5% in VIB stake
Vietnam’s banking system has become attractive to foreign investors for strategy in the long-term.
Shinhan and Woori pose bid for Tomato Savings Bank
The auction is part of the government's sale of suspended savings banks.
ANZ to use social media for global hiring
The lender has adopted a phased approach in using Twitter, YouTube and Facebook for recruitment.
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