Retail Banking
HSBC is world’s most valuable bank brand
But banks in the top 100 brands have lost $25.9b from their total brand value since January 2011.
HSBC is world’s most valuable bank brand
But banks in the top 100 brands have lost $25.9b from their total brand value since January 2011.
HSBC appoints David May as head of equity research in Asia Pac
Chris Georgs was also appointed as global head of equity research.
Bank of Nova Scotia seeks Asian acquisitions
The lender shifts its eyes on Asia as economic growth in Latin America falls short from expected.
StanChart India attributes its IDRs’ performance to ‘impurities’
Though the IDR issue fell below expectations, it worked out perfectly well for the bank.
Hong Leong Bank names Sanjay Uppal as chief financial officer
Uppal previously worked in StanChart as the CFO in its Taiwan, the Philippines and the UAE offices.
HDFC Bank unveils new personal loan product
‘Swift’ enables the lender to cut loan processing to 24 hours.
ICICI Bank plans hiring 6,000 people
The lender adds branches as its business grew 20%.
Maybank to expand in Laos
Malayan Banking Bhd (Maybank) has applied for a banking license in Laos, said President & Chief Executive Officer Datuk Seri Abdul Wahid Omar.
VietinBank nets VD3.538T in stake sale to IFC
VietinBank successfully offered over 168.5 million shares priced at 21,000 dong each for IFC, posting a net earning of over 3.538 trillion dong.
LBC Bank placed under receivership
LBC Development Bank has been placed under receivership of the Philippine Deposit Insurance Corp.
Mark McCombe resigns as Hang Seng Bank director
Mr McCombe's resignation as non-executive director was effective from September 9.
Reserve Bank of India to hike policy rates on September 16
The RBI will likely pause after a final 25bp hike in policy rates on September 16 and cut 75bp from April onward.
Bank Indonesia to keep policy rate at 6.75% till year-end
DBS expects monetary tightening to kick-start again in Q1 2012.
Scotiabank buys into Guangzhou Bank for $722M
Bank of Nova Scotia will buy close to 20 percent stake in Bank of Guangzhou for about C$719 million or $722 million.
Anita Fung appointed CEO of HSBC Hong Kong
HSBC announced that the bank's Group General Manager Anita Fung has been appointed Chief Executive Officer of HSBC Hong Kong, effective 12 Sept. 2011...
Asian central banks take a pause from interest rate increases
But BBVA Research expects gradual tightening to resume if and when the global environment stabilizes.
“Hong Kong’s banks are well capitalized”: Nelson Man
He said there is no immediate need for Hong Kong’s banks to raise capital amidst the debt crisis in Europe.
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