Retail Banking
HSBC to return headquarters to Asia
HSBC to return headquarters to Asia
Movement from London to Hong Kong will enable the lender to concentrate on Asian markets.
South Korean banks reveal 2010 plans
Big lenders are readying for fresh challenges as economy rebounds from crisis.
China regulator issues $73bn capital requirement for banks
Chinese banks are pressured to fund their 2010 loan growth through bond or equity issuance.
Oriental Bank of Commerce plans putting up HK office
Hong Kong opens colossal break in OBC's global expansion efforts.
Westpac reorganises its senior management row
An analyst said CEO Gail Kelly’s move aims to cultivate long-term succession candidates.
Maybank targets 20% stake in An Binh Bank
ABBank's selling of 5% of its stake to Maybank makes it on equal footing with HSBC.
UCPB: Moving forward amid legal debacles
Perhaps a drive through Manila’s main thoroughfares would make one realize that Philippine banks have changed – quite literally, that is – what with...
Hwatai Bank recovery seen in 2 years
Hwatai Bank is expected to generate pre-loan profits in two years with less credit costs and breakeven bottom-line.
India's FC upgrade affects 14 banks
The recent upgrade of India's foreign currency deposit ceiling also improved that of its banks. Moody’s Investors Service also upgraded the long-term...
New Stanchart CEO in Korea keen on expansion
Newly-appointed SC First Bank chief Richard Hill will invest $100 million in the next two years.
China Bank ups network to 237 branches
China Bank opened another five branches in Metro Manila to bring its nationwide branch network to 237. This excludes the six China Bank Savings...
Samsung Group launches microcredit bank
The bank handles $257.12 million in funds and is geared to expand with five branches.
RHB Bank keen on new Indonesian arm, Mestika
Acquisition of Bank Mestika provides access to the bank's most important overseas market.
Siam Commercial Bank sustains financial profile
Siam Commercial Bank has maintained its strong financial profile despite political unrest and export contraction that has hit the Thai economy. This...
Taiwan Banks to go slow on China
Due to unknown operating risks and strong domestic competition, Taiwan banks will be careful in penetrating China's banking sector.
Bank of Ceylon earns 34% more
Bank of Ceylon’s post-tax profit for end of 2009 grew by US$4.4 million to US$17.4 million. The figure is a 34 percent increase from US$13 million in...
Maybank disinterested in Siam City Bank stake
Maybank emphasized in an official statement that it will not make any bid for a stake in Siam City Bank.
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