Retail Banking

China pledges to forge ahead with banking reform

China pledges to forge ahead with banking reform

Also promises increased flexibility in managing exchange and interest rates.

Standard Chartered records slowest revenue growth in 10 years

Guess where the 5% drag on Group revenues came from?

Aussie banks urged to improve funding to meet Basel III requirements

They're expected to lengthen their wholesale funding.

RHB and OSK complete merger

RHB Holdings Hong Kong is now a member of the RHB Banking Group.

Westpac reports record first-half profit

First half profit to March 31 hits $3.3 billion.

Philippines sues Maybank affiliate for tax evasion

Philmay Property, Inc being sued for US$4.2 million in unpaid taxes.

Cut in CRR needed to benefit borrowers

Refinancing pressure prevents borrowers from benefiting from government rate cuts.

Philippines increases MBO deposit limits by 63%

Move intends to help promote financial inclusion in rural areas.

ANZ's profits jumped a measly 1% to US$3.04b

Improved results due to cost cutting and better Asian business.

HK and Singapore banks fear losing key staff

Nine in 10 banks and financial services firms also experience recruitment problems.