Retail Banking

Korean banks shut branches to the poor

Korean banks shut branches to the poor

If you are Korean and broke, go elsewhere is the message, as Kookmin and Shinhan close 164 regular branches in favour of bigger “wealth centres”...

Hang Seng's CFO to resign

Patrick K W Chan will resign as the Hang Seng Bank's Chief Financial Officer effective 8 July 2009. He will pursue other career prospects outside the...

Indon banks urged to cut interest

The Indonesian Banker's Association urged local banks to cut their interest rates to stimulate economic growth. The current central bank interest rate...

Bank Julius Baer taps 2 senior managers

Thio (Henry) Tjia Hin and Cindy Tang were appointed as senior relationship managers in Singapore by the Bank Julius Baer. In this capacity, they will...

Asia mourns loss of DBS CEO Richard Stanley

Richard Stanley, DBS Chief Executive Officer, passed away on 11 April 2009 after being diagnosed with acute myelogenous leukemia in late January.

Indian banks seek gold from customers' homes

The State Bank of India has collected half a tonne of gold from customers under a "gold deposit" scheme designed to get gold out of homes and back...

Subhak Siwaraksa is new CEO of BankThai

BankThai announced the appointment of Subhak Siwaraksa as its new CEO and President.