Retail Banking
China Everbright Bank upgraded due to stable government control
Moody's upgraded China Everbright Bank's (CEB) long-term foreign currency deposit ratings to Baa3 from Ba1. It also upgraded its short-term foreign...
China Everbright Bank upgraded due to stable government control
Moody's upgraded China Everbright Bank's (CEB) long-term foreign currency deposit ratings to Baa3 from Ba1. It also upgraded its short-term foreign...
Moody's sees stronger franchise value in Shenzhen Development Bank
Moody's affirmed Shenzhen Development Bank's Ba2 long-term foreign currency deposit Rating. It also affirmed its D- bank financial strength rating...
Citi appoints Wang pension head for Asia Pacific
Citigroup has named Vanessa Wang Pension Services Head of Asia Pacific.
Vietnam central bank increases net capital injections
SBV adjusted the terms on the open market operations and made strong net injection of capital to support the liquidity for commercial banks.
DBS beats 4th quarter forecasts
DBS promised better returns after beating expectations with a 38 percent rise in quarterly profit.
DBS denies talks on Danamon purchase
DBS denies having talks with Temasek on buying its 68 percent stake in Indonesia's Bank Danamon .
DBS seeks China expansion, India incorporation
DBS would want to have 50 branches in China over the next three years and. It also intends to do the same in India by setting up a locally...
Woori keen on M&As of Southeast Asia banks
The bank excluded China in moves as it does not allow foreign financial companies to have management rights.
Westpac targets institutional banking business expansion
The lender wants to capitalize on expected corporate lending boom by expanding institutional banking.
Hana to sell shares for KEB takeover
Hana Financial Group plans to issue shares worth US$1.25 billion in a bid to help finance its takeover of Korea Exchange Bank.
Massive job cut leads to KB Financial Q4 loss
KB Financial Group swung to a loss in the fourth quarter from a year earlier due to a massive one-off charge for its job-cut program.
Vietnam banks expect to post strong profit growth
Commercial banks in Vietnam posted solid earnings in 2010 with an average growth in profit of over 20 per cent. Most of the growth is ascribed to...
Vietnam President upbeat with ACB's development
Vietnam President Nguyen Minh Triett said he believed that with its advantages in capital and its professionalism, Asia Commercial Bank would...
MCB merges with Arif Habib Investments
MCB Bank, its sponsors and Arif Habib shareholders signed the proposed merger agreement of their asset management companies.
Hong Kong banking remains resilient
Hong Kong’s banking sector remained resilient last year despite uncertainties in the global landscape.
Korea Eximbank needs to increase capital
The new head of South Korea's state-run trade bank on Wednesday stressed the need to increase the bank's capital in a bid to beef up its capacity to...
NAB maintains campaign to abolish fees and cut prices
The lender pushes move despite amidst Senate Economics Committee report on banking competition.
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