News
ICBC applies for Fed approval on BEA US unit acquisition
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 next three years.
Disaster in Japan: impact on Cash Investment Strategies
Almost a month since the 11 March 2011 earthquake in Japan, and we continue to examine its impact of the damage on industries.
Maybank Singapore launches two new home loan packages
The first package is the Hybrid Rate Home Loan and the second package is the Ceiling Rate Home Loan.
DBS China on track for 50 Outlets by 2013
DBS China is on track for 50 outlets by 2013, with plans to open a total of at least eight new branches and sub-branches in 2011.
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.
BNI lends 122% more for infrastructure as of March
Bank BNI disbursed US$1.16 billion or Rp 10 trillion in infrastructure loans as of March. This is an increase of 122 per cent from Rp 4.5 trillion at the end of 2010.
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.
HSBC launches Greater China Exchange Traded Fund
The product provides enhanced access to the potential upside of Greater China as the lender aims to expands Asia-Pacific ETF market.
IDBI Home Finance ready to merge with parent firm
IDBI Home Finance got a go signal top merge with its parent IDBI Bank from the Corporate Affairs ministry.
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 talent and capital for growth.
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 retail bank.
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