Branch Banking
UOB posts solid second quarter results
UOB posts solid second quarter results
United Overseas Bank Ltd reported a 12.1% increase in second quarter net profit to US$574 million.
BEA opens "cross-location" sub-branch in Zhanjiang
Bank of East Asia (China) Ltd has opened a sub-branch in Zhanjiang, Guangdong province to provide comprehensive renminbi and foreign currency banking...
Foreign expansion a matter of survival for Asian banks
Asian banks will continue expanding overseas to grow faster and improve yields.
Bank branch in Vietnam receives no customers over 2 years
For the past two years, a branch of the Vietnam Development Bank has received no customer capable of meeting its criteria for loans.
YES Bank and Shinsei Bank forge business alliance
India’s YES Bank and Japan's Shinsei Bank enter into a comprehensive business alliance.
Weak growth in store for Indian banks
Indian banks are in for lower asset quality and weaker earnings in the next two years.
HSBC to expand reach in India
HSBC is in the final stages of acquiring the bulk of the Royal Bank of Scotland's Indian business. HSBC expects the Reserve Bank of India, the...
China still a gold mine for foreign banks
Foreign banks still look towards revenue growth of 20% in China despite the country’s unnerving economic slowdown.
Mainland banks bet big on Taiwan
Mainland investments in Taiwan’s banking industry account for 31% of all of China’s investments in Taiwan since 2009.
J.P. Morgan Chase Bank to open Suzhou branch
The Suzhou arm is the JP Morgan's sevent branch in mainland China.
BTMU to expand banking business in Turkey
Japan’s largest bank will invest US$300 million to establish a subsidiary in Turkey.
Rumours of the death of the bank branch have been greatly exaggerated
The global banking industry is pretty much at an all time low in terms of reputation. Nowhere is this so true as in the UK, where it might have been...
State Bank of India to open 56 ultra small branches
State Bank of India will open up 56 Ultra Small Branches in 5 districts of Assam and one district of Manipur by the end of this month.
ICBC completes acquisition of U.S. bank
The US$140 deal was signed in January 2011 and approved by the Fed in May.
Chinese bank opens for business in Sweden
Bank of China has opened the first Chinese bank branch in the Nordic region.
Five foreign banks end Philippine operations
Financial turmoil in their home countries forces American Express Bank and four other foreign banks to depart the Philippines.
India's public sector banks continue expansion spree
India's public sector banks added about 5,000 branches in 2011-12, estimated to benefit seven crore customers in the country.
Thought Leadership Centre
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