News
StanChart eyes China as next target in listings
StanChart eyes China as next target in listings
Lender looks forward to a Shanghai listing after completing one in India as it exploits country's growth.
ANZ completes acquisition of RBS units in Singapore
Lender expands presence in the state by taking over RBS's retail and commercial businesses.
CIMB acquires additional stake in Indonesian unit
Malaysian lender CIMB is raising its stake in Indonesia's Bank CIMB Niaga to better capitalise on the southeast Asian nation's fast-growing economy.
StanChart applies for listing in India
Lender remains open to potential listings in various countries after filing prospectus to sell 240mln IDRs.
Maybank seeks approval for Indonesian listing
Lender eager to expand visibility in Jakarta and add branches in other Asian countries.
State Bank of India profit down 32%
Lender's $413mln net profit below analysts' expectations as it allotted more funds for bad loans.
Australian banks brace for class action
IMF Australia to represent 500,000 Australians in accusing lenders of illegally charging US$4.5bln for minor violations.
China's top banks secure approval to raise $42bln
Country’s cabinet gives nod to 4 biggest listed lenders to use securities market in replenishing capital.
Taishin Financial targets 15% more clients
Lender eyes expanding its loan business by 10% and emerging as leader in mobile banking services.
Moody's says M&A of Korean banks pose risks
Country's stable credit put on risks as KEB is being sold and Woori privatised.
SBI targets reaching 12,000 unbanked villages
Plan submitted to India's central bank under financial inclusion programme for the year.
ICICI Venture mulls launching $500mln infrastructure fund
Lender joins other private firms to fund India's $1tln infra projects between 2012 and 2017.
HSBC launches instant video consultation service for customers
Lender to provide Premier Customers real-time financial advice and assistance from Relationship Managers.
Siam Commercial invests in IT security
Lender harnesses Internet to protect its business from global and political uncertainty.
DBS, JCB International ink merchant acquiring services deal
JCB cardmembers enjoy wider card acceptance in Hong Kong, Macau while DBS provides merchant acquiring services.
StanChart okays India listing bid
Shareholders give approval for up to $1bln IDR offering while seeking anchor investors.
CIMB gets approval to expand in Cambodia
Country's central bank governor granted approval-in-principle to lender's bid to offer banking services to 14mln Cambodians.
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