Retail Banking
Mitsubishi UFJ’s growth plan focuses on China, Indonesia and Australia
Mitsubishi UFJ’s growth plan focuses on China, Indonesia and Australia
The bank will expand its retail lending, private banking and asset management businesses, with a special focus on China, India, Indonesia and...
Summoned chairman of suspended Korean savings bank commits suicide
Ace Mutual Savings Bank chairman Kim Hak-heon was found dead by his relative.
BofA appoints Killingback head of Asia mergers advisory
Bank of America Corp. named David Killingback head of mergers advisory for the Asia-Pacific region outside Japan.
Hana chief offers to step down amid KEB acquisition
The president of Hana Financial Group offered to resign as it prepares to complete its acquisition of Korea Exchange Bank.
China’s central bank prepares for the worst
The People’s Bank of China hopes to avert mounting economic unrest with a series of measures that include more support for struggling entrepreneurs...
Bank of China looks to Europe for more profits
Europe continues to be the happy hunting ground for leading Asian banks seeking growth through mergers and acquisitions.
Chinese banks under pressure to raise cash next year: source
China's listed banks are expected to raise over 100 billion yuan or $15.78 billion through equity financing next year.
VietinBank reveals business plan for 2012
VietinBank held a conference to assess the results of business performance in 2011 and set the direction and tasks in 2012. Among the participants...
Eximbank sees good potential in Sacombank
he public questioned why Eximbank invested and holds a quite large ownership ratio in Sacombank while some big shareholders of were divesting capital...
Vietcombank targets VND6.5T pretax profit in 2012
Vietcombank will target a 6.5 trillion dong of pre-tax profit in 2012.
SPD Bank's 2011 prelim profit up 42%
Shanghai Pudong Development Bank's 2011 preliminary net profit rose 42.02 percent year-on-year to 27.24 billion yuan. Revenues for the Shanghai...
Regulator: 1,696 Chinese towns still lack banking services
Banking services were still absent in 1,696 remote towns and townships at the end of 2011.
ANZ to expand own brand in Vietnam
ANZ will sell its 9.6 per cent stake in Sacombank to another Vietnamese lender, Eximbank.
Shinhan to give more weight stability over growth
The lender targets 4% growth in 2012 after reaching 7% last year.
Hana eager to quickly close Lone Star deal
The U.S. fund may drop out of the contract if regulators fail to approve deal by the end of February.
Closed Philippine rural banking system opens to foreign investments
A recently passed bill will allow non-Filipinos to buy and own up to 40% of a rural bank’s authorized capital stock.
Mainland Chinese banks gear up to invest in Taiwan banks
But the question is, who will be the first to do so?
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