Retail Banking

HSBC eyes RBS’ Asian assets

HSBC is in advanced discussions to buy the retail and commercial banking assets of Royal Bank of Scotland Group PLC in China, India, and Malaysia...

HSBC eyes RBS’ Asian assets

HSBC is in advanced discussions to buy the retail and commercial banking assets of Royal Bank of Scotland Group PLC in China, India, and Malaysia...

Thanachart Bank to raise $1.2 bln for Siam Bank shares acquisition

Thanachart’s Chairman Banterng Tantivit said in a Reuters report on Oct 6: "It is in preparation in order to buy a stake in SCIB if we win the bid...

StanChart launches priority banking in Vietnam

The service will provide Standard Chartered Bank’s customers with a series of global services including financial solutions in banking transactions...

Union Bank to ‘moderate’ expansion plans

Commenting on the move, bank’s Chairman and Managing Director MV Nair ,in a report in Business Standard, said: “These are difficult times. So, we want...

Hana Financial considers $1.7 billion offering for M&A bid

South Korea's fourth-largest Hana Financial Group Inc., which on Monday announced that it was giving a thought on a rights offer, is considered to be...

RBS ditches failing ABN Amro assets in India

Amid reports that talks with Standard Chartered Bank failed over valuation of the assets, ABN Amro bank’s spokesperson said: “RBS is in ongoing...

RBS' latest suitor for sale of China assets: ANZ

ANZ may take another look at RBS banking assets in China after Standard Chartered PLC pulled out of talks to buy the operations, says spokesman. "ANZ...

China Minsheng wants control of U.S. Bank UCBH Holdings

Minsheng, China’s first privately owned bank, is seeking U.S. regulatory approval to boost its holding in San Francisco- based UCBH to at least 50...

Andhra Bank and Bank of Baroda: together for Life (insurance)?

Presently a corporate agent of LIC, the public sector lender has now formed a joint venture with UK-based Legal and General Plc Insurance Co and...

Deutsche Bank’s David Murray, Tim Andrew to head equities in Standard Chartered

Standard Chartered is banking on the two latest additions to its team to grow its Asian business.

Bank of Baroda’s Emirates operations booms 3-fold

Phenomenal growth in its United Arab Emirates operations has left the Bank of Baroda (BoB) eager to expand operations in the area.

RBS' Asian assets sale flops

Talks between Standard Chartered PLC and Royal Bank of Scotland Group PLC (RBS) for the sale of RBS' assets in India, China and Malaysia seem to have...

DBS to open 100 branches in Indonesia by 2012

DBS CEO Koh Boon Hwee reveals DBS' latest plans for expansion in Indonesia: to open 100 branches and look for acquisitions in the next three years.

OCBC goes for kiddy’s money in Malaysia

After garnering a huge success with their children’s savings program in Singapore, OCBC is eager to spread the word further in Malaysia, according to...

Rebuilding Trust and Trade in Asia

As the credit crisis impacted Asia’s supply chains, trust was badly damaged. Global banks, with their cross-border expertise and trade finance tools...

HSBC: Failed in America, try Hong Kong (again)

After its painful foray into the American subprime market, HSBC is now re-focusing on Hong Kong in emerging markets.

Banking Blues: It’s getting tougher says DBS Chairman

It's tough times ahead for bankers as the banking industry reels from the onslaught of the global recession due to reckless lendings. Capital...