Retail Banking

Getting transparent exposure

Getting transparent exposure

Managed account platforms are fast gaining popularity among institutional investors looking to get exposure to the “good” risks of hedge funds...

Siam City seeks completion of 47.58% stake divestment

Bank wants its new shareholder to help fortify operations and to revise bank's 2010 core business plan.

Woori Financial eyes acquiring Hanmi Bank

Move is part of Woori's plan to capture Korean American market in the two US coasts.

State Bank of India eyes growth in Japan

Lender is also eager to act as broker that facilitates collaboration between Indian and Japanese firms.

Bangkok Bank posts $606M net profit

Bangkok Bank increased its net profit in 2009 by 0.02 percent to US$606 million.  Profit before provisioning and tax amounted to US$1.085 billion, 0...

VietinBank unveils 2 foreign partners

Collaboration with IFC and Bank of Nova Scotia will give lender expertise in its global expansion.

The analyst’s call

Based on comparison, ICBC achieved robust loan expansion and preserved its most conservative leverage at the best capital strength by Sep 09. In...

ICICI Bank Q3 net falls by 13.4%

Net profit drop due to absence of treasury income is still smaller than anticipated.

Krung Thai Q4 profit rises beyond expectation

9.5 percent increase is eyed to get rosier this year due to stimulus package.

Alliance Bank hires new Chief Financial Officer

Eric Lee assumes CFO office after working for a global company.

Public Bank improves by 4.5% via financing income

Public Bank achieved a pre-tax profit of US$984.7 million and net profit of US$747 million for 2009. This happened on the back of a strong 10.2...

EON Capital requests Bank Negara's nod for negotiations

Talks with Hong Leong for possible acquisition of its assets and liabilities are not yet finalised.

Indian central bank's push for rate cut resisted

Banks cite cost mismatch as reason to reject RBI's planned regulation of cutting home loan rates.

Korea Development mulls bidding for Siam City

Move is KDB's response to Korean President's pressure to boost competency of state-owned banks by privatisation.

Siam Commercial plans opening China operations in 2011

Lender targets profiting from Chinese small and medium enterprises as it ventures in the country.

South Korean regulator considers suing Kookmin Bank

Bank apologizes and promises punishing those involved in leaking of memo regarding a regulatory investigation.

DBS eager to increase operations in Asia

Economic recovery and new CEO prompts lender to expansion that could increase earnings by 26 percent.