Retail Banking
Indian brokerage group hopes to convert to a bank
Indian brokerage group hopes to convert to a bank
The IIFL group is making a pitch for letting brokerages undertake banking business.
HSBC India found deficient in service
HSBC has been directed by a consumer forum to pay Rs 25,000 as compensation to a former credit card holder.
Indonesia's CIMB Niaga enjoys increased profits due to fee income
CIMB Niaga reported 33 percent surge in net profits in 2012.
Bank Jabar sees robust market in Jakarta
Bank Jabar launched four new branch offices in Jakarta, and will soon be opening five offices in other cities.
Korea suspends 2 more savings banks
South Korea suspended the operations of two more savings banks.
Moody’s maintains PNB’s stable and positive outlooks
Moody’s Investors Service maintained all its ratings on Philippine National Bank.
Lakshmi Vilas Bank increase Q3 net profit by 10.4%
Lakshmi Vilas Bank posted a 10.4 percent jump in net profits for the third quarter ending December 31, 2012.
ANZ posts 6.2% cash profit increase
ANZ posted a 6.2 percent rise in first quarter cash earnings.
2 reasons behind OCBC's weaker underlying banking trends
Margin decline is one culprit.
Sumitomo enters into deal with Turkey’s largest bank
Sumitomo Mitsui Financial Group and Garanti Bank will cooperate on trade financing.
BanKo expands banking services in Visayas region
Philippines’ first mobile-based savings bank takes two partners in expansion move.
Commonwealth Bank of Australia credits retail biz for 1H profit
The Commonwealth Bank of Australia posted a half-year profit of US$3.78 billion.
ING to sell stake in Korea's KB Financial
ING is looking to divest several businesses in Asia, including its stake in KB Financial.
BPI's profit growth predicted to slow sharply
Blame it on high base from trading gains.
Kasikornbank to be the most profitable bank in Thailand
Thanks to its strong fee base and falling cost structure.
Commonwealth Bank reports slight profit increase
Half-year profit inched upward by just 1% to $3.66 billion.
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