Retail Banking
Shanghai Pudong Bank completes $2.2 billion share placement
The bank said it placed all shares with a 1 year lock up from selling to institutional investors as other banks line up to refresh their capital base...
Shanghai Pudong Bank completes $2.2 billion share placement
The bank said it placed all shares with a 1 year lock up from selling to institutional investors as other banks line up to refresh their capital base...
China bets the bank on Thailand
In a stunning move that will have regional banks in Asia wondering when the Chinese will come for them, ICBC has just agreed to fork out $545 million...
CIMB targets Singapore’s retail banking market
Retail banking would broaden CIMB's customer segment coverage with the bank's new operations in Singapore.
ANZ teams CDB to conquer APAC market
Partnership will strengthen CDB's presence in Asia-Pacific region with ANZ as its agent.
BOT vies for reverse mortgages in Taiwan
The bank pushes Taiwanese government to offer reverse mortgage to convert home into cash.
BPI's big cash cow: overseas Filipino workers
Continuous surge in inflow of money from Filipino workers abroad could produce $4.5 billion by yearend.
ANZ recruits former Westpac senior officer
Phil Chronican's diversity of experience described as a momentum booster for ANZ's domestic operations.
HSBC appoints new SAR CEO
In HSBC's plan to develop more business in Hong Kong Mark McCombe was assigned to take over as region's CEO.
Indian banks go for Granny market
Roughly about 80 million seniors in India are being persuaded by banks to avail of customised products.
State Bank of India orders ATMs from Wincor Nixdorf
Wincor Nixdorf executive Ricardos Khoury said State Bank of India plans to install 1,000 more branches and upgrade its services.
Pomelo farmers hope for fruitful ANZ foray in China
ANZ became the first Australian bank to enter China’s rural market as it lends support to Liangping's pomelo industry.
Keating slams govt for giving banks too much power
Government should exercise its regulatory role more strictly, said former Prime Minister Paul Keating.
Managing ALM risks for life insurers in Asia
Asset-liability management (ALM) issues facing life insurers in Asia have grown in depth and scale since the 2008 financial crisis. What are the...
CMB sees holdings of foreigners shrinking
Foreign banks cut investments in CMB since August 2009, with JP Morgan Chase & Co., UBS and Barclays Bank among the said investors.
Talks on PBCom sale in “advanced stages”
PDIC head told the media of bank’s possible acquisition by investors.
PNB eyes stake in Metrokombank
Part of PNB's expansion overseas includes tapping Kazakhastan market.
SBI, State Bank of Indore tie-up asked for clarifications
Concerns prompted Indian government to look for details of the merger.
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