Retail Banking
Maybank Community Service Financial Revenue To Grow To RM12 Billion In 2015
Maybank expects its community financial services revenue to grow to RM12 billion in 2015, from the current RM6 billion.
Maybank Community Service Financial Revenue To Grow To RM12 Billion In 2015
Maybank expects its community financial services revenue to grow to RM12 billion in 2015, from the current RM6 billion.
34,000 customers file $48.5mn class action suit vs. ANZ
The lender joins 11 others which could face similar suits regarding overcharging of fees.
Agribank allays fears of additional capital raising
The lender sticks to its promise not to seek a rights offer to raise additional capital within two years from its IPO.
ICBC rolling out a variety of services during first week of October
ICBC, with an aim to provide a variety of financial services to all customers, has formulated a range of special service solutions and taken various...
ABC Strives to Build the Largest Financial Service Network in Tibet
The 209 outlets of Tibet Branch of Agricultural Bank of China Limited has been interconnected.
Group CEO Oswald J. Grübel resigns from UBS
Sergio P. Ermotti will take up the position of Group CEO on an interim basis.
UBS expects positive net profit in Q3 2011 despite unauthorized trading fiasco in September
The bank will report a gain on the sale of treasury-related investments of approximately CHF 0.7 billion in Wealth Management & Swiss Bank.
BPI microfinance bank taps microinsurance business
3 BPI units join forces to deliver insurance products to low-income earning Filipinos
Hua Nan inks deal with China Merchants Bank
The Taiwanese bank seeks to benefit from MOU with the Chinese bank to expand its operations in the Mainland.
BPI launches investment service for overseas Filipino workers
With Investment 3.0, the lender provide online platform for investment opportunities though they are away from home.
South Korean banks amass $2.7bn Q3 profits
Lenders are trying to increase interest rates on loans while cutting deposits rates.
Mega ICBC opens in Cambodia
Taiwan's Mega International Commercial Bank opened its first branch in Cambodia to attract more Taiwanese investors in the kingdom.
Hong Kong banks suffer from liquidity and credit quality risks
The banks were somewhat reliant on strong loan growth but though loans for domestic use have grown, almost 25% of the total loan book is now for use...
Citigroup faces another major whammy in Japan
Will the group's investment trusts cause its third major punishment in Japan in 7 years?
Chinese banks' profits surged 34.5% to RMB 899.09b in 2010
Total assets also increased by 19.9% to a whopping RMB 95.3 trillion as of end-2010.
CIMB Group acquires 70% of SICCO Securities Public Company in Thailand
The total cash consideration was THB767,907,519.20 or approximately RM78,426,395.
People's Bank of China a 'beacon of stability', says analyst
The recent PBoC fixes may have played a role in stalling the powerful bid for USD-AXJ amid liquidation dynamics in emerging markets.