Retail Banking
Hong Leong bucks rate cuts to post 16% profit
Hong Leong Bank Berhad net profit after tax for the nine months ending 31 March 2009 improved by 16 percent year-on-year to US$198 million.
Hong Leong bucks rate cuts to post 16% profit
Hong Leong Bank Berhad net profit after tax for the nine months ending 31 March 2009 improved by 16 percent year-on-year to US$198 million.
NAB incentive doubles savings of low-income Aussies
Save and we will match that dollar for dollar, is NAB's message to encourage savings among lower-income Australians.
Free Ferrari’s for NAB’s $20 million plus clients
Australia's NAB is hoping its wealthiest customers will avoid those Swiss bankers and instead take up its family office offerings including cars and...
Metrobank named Asia’s most trustworthy
Metrobank topped Bank Category of the Reader’s Digest Trusted Brands award based on an Asia-wide survey by Nielsen Research.
HSBC wants fresh Vietnamese dong holders as clients
HSBC intends to penetrate Vietnam's promising personal banking segment where less than 10 percent have a bank account. Thus it will soon double its...
Aussie banks square off over job exports
Whilst the National Australia Bank is accused of looking at offshoring 628 jobs, Westpac chief Gail Kelly says she will not send jobs overseas while...
Moody's sees risks in Sumitomo acquisitions
Moody's Investors Service has placed on review for possible downgrade various ratings of Sumitomo Mitsui Banking Corporation.
StanChart eyes acquisition of RBS’ Asian assets
StanChart’s South East Asia CEO says the bank will want to "take a look at RBS" but says deal a long way off.
Will China kill off ABC’s IPO plans?
It’s three down, one to go. The Agricultural Bank of China, the sole unlisted bank in China’s ‘big four’ is set to launch its IPO and raise USD12...
Aussie banks won’t follow Commbank’s pay cuts
Sorry mates, but ANZ and NAB won’t be following the Commonwealth Bank which announced its CEO Ralph Norris will take a 10 percent pay cut whilst...
Indon banks post profit gains as debt provisions grow
Bank Mandiri and Bank Central Asia both showed profit gains over the first quarter, but Bank Negara Indonesia was the standout with a 315 percent...
Aussie bandits keep blowing up ATMs in gas attacks
Aussie ATM gas attacks up this year with six in the last three months alone as bandits find empty streets and cash-filled machines an easy target.
Korean banks shut branches to the poor
If you are Korean and broke, go elsewhere is the message, as Kookmin and Shinhan close 164 regular branches in favour of bigger “wealth centres”...
Hang Seng's CFO to resign
Patrick K W Chan will resign as the Hang Seng Bank's Chief Financial Officer effective 8 July 2009. He will pursue other career prospects outside the...
Indon banks urged to cut interest
The Indonesian Banker's Association urged local banks to cut their interest rates to stimulate economic growth. The current central bank interest rate...
Bank Julius Baer taps 2 senior managers
Thio (Henry) Tjia Hin and Cindy Tang were appointed as senior relationship managers in Singapore by the Bank Julius Baer. In this capacity, they will...
Asia mourns loss of DBS CEO Richard Stanley
Richard Stanley, DBS Chief Executive Officer, passed away on 11 April 2009 after being diagnosed with acute myelogenous leukemia in late January.
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