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Vietnam's commercial banks required to report operational targets
Vietnam's commercial banks required to report operational targets
The State Bank of Vietnam issued a regulation to require the state – owned and joint-stock commercial banks to report certain operational targets of...
Four more Korean savings banks suspended
South Korea's financial regulator on Saturday suspended operations of four savings banks, including three affiliates of the country's largest savings...
Woori Bank to select new head
Woori Finance Holdings will select a new chief of Woori Bank as it wraps up the nomination to lead the group's chairmanship.
Foreign banks optimistic about Vietnam's economy
Standard Chartered Bank is optimistic about Vietnam's economy and sees many growth opportunities in the country.
ANZ Bank posts 27% profit rise in Q1
ANZ reported a 27 per cent rise in the first-quarter underlying profit on good momentum and lower provisions for bad debts.
Chinese banks' capital adequacy improves in Q4
China's banking regulator announced that the country's commercial banks had improved their capital adequacy at the end of last year.
Maybank names John Lee Hin Hock Chief Risk Officer
The lender banks on Lee’s specialisation in business strategy, risk management and performance management.
People's Bank of China denies liberalising deposit rates
China’s central bank has vowed to adopt a more market-based system for setting interest rates but has proceeded cautiously.
Shinhan Financial nominates Han Dong-woo as CEO
Public management scandal forced bank to pick former vice chair as new chief executive.
Woori Finance nominates Lee Pal-seung for another term
Changing Lee could make matters worse for Woori, which is in the process of divesting 57% of its shares for privatization.
Taiwanese banks to recruit 1,500 personnel
The country’s economic recovery prompted 9 banks to beef up workforce.
CCB brokerage unit to increase research team by 40%
The move is seen to increase the company’s competitiveness in wooing investors for financial services in China.
BEA posts record after-tax profit for 2010
Bank of East Asia achieved a record after-tax profit of US$552.4 million in 2010, jumping 60.8 percent from a year earlier.
Major Korean banks bid for troubled Samhwa
South Korea's three major banking groups have submitted bids for a troubled mid-sized savings bank.
AgBank to acquire 51% stake in Jiahe Life
The lender plans to subscribe to 1.04 billion new shares to be issued by the insurer worth $392.55mn overall.
DBS profit up 28% to $2bn
The bank continues to push increase in presence in India and China to sustain growth.
HDFC Bank capitalizes on rural India growth
The bank's is optimistic as the growth of Bharat is driven by implementation of India's agricultural reforms.
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