Retail Banking
Bank of China no plans to raise funds in 2011
The lender opted to not to raise capital despite regulator’s imposition of tougher requirements.
Bank of China no plans to raise funds in 2011
The lender opted to not to raise capital despite regulator’s imposition of tougher requirements.
Woori’s privatization hits snag anew
National Pension Service’s unwillingness to participate in Woori stake purchase sale raised difficulty for three bidders to secure $6bn capital.
United Overseas Bank to beef up private banking unit
The lender seeks to add its private bankers to 200 by 2016 from more than 40 at present to tap Singapore’s growing ultra-rich population.
StanChart to retain stake in AgBank
The lender’s CEO expressed satisfaction in its collaboration with the Chinese lender amidst speculation that foreign stakeholders may divest stakes...
UCO Bank targets issuing dollar bonds overseas
The public sector bank eyes using Reg S bond in its first offshore bond offering.
South Korea top banks tap insurance market
Sagging profits the nation’s top 4 prompted them to hire more employees to boost insurance business.
Fast CBA deals helps boost our growth—BPI
Industrial peace make the lender rake in more profits amid fierce competition in the industry.
M&A speculations still circulating around Malaysia’s banking sector
Hwang DBS Vickers Research said there is still room for Malaysian banks to consolidate after speculations that Alliance Financial’s major...
Maybank advances Islamic banking development through collaborations
Malaysia's Maybank Islamic and Indonesia's Bank Syariah Mandiri will establish cross border collaboration in all Islamic treasury and trade finance...
China Merchants Bank to launch $5.4bn rights issue
The lender to issue up to 2.2 shares for every 10 existing shares to comply with stricter capital requirement in China.
Maybank keen on Thai expansion
Maybank hopes to operate a bank in Thailand, said its president/CEO, Datuk Seri Abdul Wahid Omar.
United Overseas Bank Thai helps SMEs expand in Southeast Asia
With Thai government’s backing the lender will tap its regional network to bolster SMEs’ expansion.
India's BPOs slow to penetrate banking sector
While Indian BPOs have made some progress in tapping into lending operations, not much headway has been made in non-lending operations. Indian BPOs...
Union Bank of India targets raising $500mn via bonds
The lender seeks to get funds from Reg S bond, allowing it to be offered to overseas investors.
SC First Bank asked to step up liquidity management
South Korea's Financial Supervisory Service ordered SC First Bank Monday to ramp up its liquidity management to minimize the impact of a bank run...
Philippine National Bank names Carlos Pedrosa as president and CEO
Pedrosa’s 30 years in banking made him the board’s choice to succeed Eugene S. Acevedo
Dong A posts 1st half pretax profit of VND676B
Dong A Bank posted a pretax profit of VND676 billion in the first six months, covering 52% of their annual target.
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