Retail Banking

Bank of Baroda plans expansion in Chandigarh region

The lender to open 22 branches in the north as it aims to aims increased exposure to $28.07mn in agriculture, $44.91mn in SME and $89.81mn) in retail...

Bank of Baroda plans expansion in Chandigarh region

The lender to open 22 branches in the north as it aims to aims increased exposure to $28.07mn in agriculture, $44.91mn in SME and $89.81mn) in retail...

ICBC applies for Fed approval on BEA US unit acquisition

ICBC eyes for a US retail unit to move into small and mid-sized business loans and consumer banking.

China Merchants Bank plans to sell shares

The lender pursues fundraising plans despite its statement last March 2010 emphasizing that it would have no need to raise additional capital for the...

CIMB's new pension fund in place by year-end

CIMB will implement a new private pension scheme in Malaysia.

Hana Financial profit down 2.6%

Hana Financial Group's first-quarter earnings declined 2.6 percent from a year earlier due to decreased interest income.

NAB seeks partners to bid for Lloyds branch

The lender mulls to spin off existing UK assets to JV as it woos NBNK and BBVA for partnership.

China requires its banks $131bn capital over 6 years

Compliance to stricter rules aims to ensure that banks have sufficient capital to be ready for a crisis that would minimize any government bailout.

Maybank eager for more IPOs after Kim Eng share buy

The purchase provides Maybank platform to expand services that includes IPOs within Southeast Asia.

Union pickets Maybank headquarters

Members of the National Union of Bank Employees  held a peaceful one-and-a-half hour picket in front of Menara Maybank.

BS Financial eyes savings bank business

BS Financial Group is considering breaking into the savings bank sector in a bid to expand its business portfolio.

ICBC to expand globally via emerging countries

Industrial and Commercial Bank of China Ltd. will increase its global footprint by setting up branches in India, Pakistan and Brazil.

China regulator halts approving city lenders' rural banking proposals

Some analysts believe city lenders are adept at dealing with small clients while others doubt on city lenders’ capacity to provide enough human...

Hong Kong Monetary Authority gives banks funding plan deadline

Hong Kong banks should submit its plan by the end of the month for HKMA to avoid the risk of credit-fuelled property bubble.

Bendigo and Adelaide Bank inaugurates new wealth management unit

Bendigo Wealth delivers better consistency across the bank’s product range as it aligns its portfolio of wealth management services with those of its...

Maybank appoints 4 senior officers

The assignments aim to empower the group with extensive management experience and expertise in key areas for its next phase of growth as a regional...

Everbright Bank H-Share IPO gains regulatory support

Preparation for China Everbright Bank's Hong Kong listing has been going smoothly, according to its vice president Lin Li.

Indian bank used to evade US taxes

An Indian-American pleaded guilty to conspiring to defraud the Internal Revenue Service with five HSBC bankers by hiding his Indian accounts.