Retail Banking
Stable outlook for TMB despite high non-performing loans: Moody’s
However, the bank’s profitability remains weak compared to other similar-sized Thai banks.
Stable outlook for TMB despite high non-performing loans: Moody’s
However, the bank’s profitability remains weak compared to other similar-sized Thai banks.
JP Morgan's earnings may drop 2%
This despite the bank's four straight quarters of beats, according to a Reuters report.
CBA and union to hold talks on cost-cutting plan
Project 35 raised job loss fears as the lender aims to do business more efficiently and more effectively.
Hana willing to renegotiate with KEB if Lone Star doesn’t appeal
Hana said to have cut the agreed purchase price as KEB shares have fell sharply since the transaction was agreed..
Singapore central bank to continue 'judicious management' of its currency
The Lion City expects its economy to probably expand at a slower pace in the next few years, according to a Bloomberg report.
Commonwealth Bank starts slashing costs
Through Project 35, the lender joins major banks in adjusting to a new, post-financial crisis environment.
KDB Financial keen on buying HSBC's Korean retail operations
The possible takeover will augment to KDB's flagship businesses: investment banking and corporate financing as HSBC downsizes retail business.
ANZ Bank imposes pay cap to executives
Escalating borrowing costs and declining property prices erodes demand for mortgages in the developed world.
Philippine banks seen to withstand slowdown
The lender’s non-performing loan ratio was only 3.2% as of June as they continued to trim their soured loans and give out more loans.
Westpac picks Simon Power as Head of Private Bank
The outgoing Cabinet Minister eyed to bring an array of skills and experience to the position.
Sacombank Jan-Sep pre-tax profit estimated at VND 2.17T
Sacombank estimated its pre-tax profit in January-September at VND2.17 trillion unconsolidated, according to Vietnam Daily News, citing a Dau tu...
Southern Bank gets go-signal to hike chartered capital
The State Bank of Vietnam governor has issued a decision approving Southern Bank's application to increase its chartered capital to over 3.212...
Westpac appoints Tony MacRae as Head of third party distribution
MacRae expected to bring strategy, sales management and specialist knowledge in distribution business to the unit.
Indonesian lenders among the most resilient
A Deutsche Bank report said the country’s banks can weather recessionary risks and severe shocks to the international banking system.
Bank Mandiri to introduce banking to students
The part of the lender’s school banking program is putting up miniature banks in target 68 schools.
BNP Paribas Bank Polska to utilize Teradata's CRM software as retail banking tool
Through the Aprimo Relationship Manager, the bank will be able to efficiently provide customers with the right financial product or service.
Global regulators to force banks to increase liquid assets
The Basel group plans to put uniform implementation of the Basel III reforms at the top of its agenda, according to a Reuters report.
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