Retail Banking

Banks take the lead expanding China, Gulf States ties

Biggest banks in China and the United Arab Emirates key to building closer financial ties.

Indian billionaires vie to establish new banks

India’s bid to boost lending allows corporations to open banks.

StanChart Korea finds itself in hot water

Three state regulators took turns putting the squeeze on Standard Chartered Bank Korea.

Hong Kong banks' earnings to only grow 5% in 2013

Blame it on abundant liquidity conditions exacerbated by weaker loan demand.

Indian banking system won't recover until 2015: S&P

Banks will need significant amounts of capital to meet Basel III norms.

Hong Leong Bank's net profit up 25% to ~USD317m in 1HFY13

It's 52% of the Street’s full-year estimate.

ICBC's profit surged 69% to US$54m in Dubai

Thanks to stronger trade between China and Dubai.

Kuroda is top pick for Bank of Japan governor

Asian Development Bank president Haruhiko Kuroda has emerged as the leading contender.

RBS starts shutting down in India, to lay-off 1,000

RBS will be laying-off some of its 1,000 employees  as it winds down retail and commercial business in India.

Vietnam bank profits shrink in 2012 due to loan loss provisions.

Many Vietnamese banks failed to achieve their profit targets in 2012 due to bad loans.

Maybank ups Q4 profit by 16% on higher loans, fee income

Maybank reported a 16 percent rise in quarterly profit, bolstered by higher net loans, advances and fee income.