Branch Banking
HSBC seen to sell its Japan retail-banking unit
HSBC seen to sell its Japan retail-banking unit
Sources said HSBC Premier could be shut if offers aren’t attractive.
Leading Philippine bank to go on M&A spree
Rizal Commercial Banking Corporation wants to buy more Philippine banks with nearly P5 billion.
India’s Corporation Bank pushes risky overseas expansion
Government-controlled Corporation Bank plans to establish 400 overseas branches in just two years.
China Construction Bank keen on buying a Brazilian lender
The Chinese bank in talks with 3 banks and may shell out US$600mn in the move.
Malaysia's CIMB to break into Philippine banking by March
CIMB Group Holdings Bhd will finally achieve its bridgehead in the Philippine banking industry within the next two months.
OCBC to open 7 branches in 2012
OCBC Bank plans to open seven new branches through Malaysia in 2012 to cater to its growing customer base.
Korean banks seek to step up Asia presence
Lenders seek to go beyond China and Southeast Asia to tap Kazakhstan, India and Bangladesh markets.
Thailand relaxes tight controls over foreign banks
Foreign banks, long prohibited from opening branches in Thailand, will find this strangling state of affairs somewhat easing in 2013.
Major South Korean banks flood Asia
Expand or die.
Hua Nan Bank seeks to acquire Chinese Banks
The Taiwanese lender is keen on the move after signing cooperation pacts with Mainland banks.
Chang Hwa Bank targets launching sub-branch in China
The lender plans to increase presence in Kunshan, where many Taiwanese investors have formed manufacturing clusters.
China regulator allows entry of 2 additional Taiwanese banks
The first six Taiwanese lenders given license in China may soon be allowed to offer Renminbi services.
Vietnam's MB Bank starts operations in Cambodia
MB Bank became the fourth Vietnamese bank operating in Cambodia and brings the total number of the kingdom's commercial banks to 31.
Metrobank opens branch in Changzhou
Metrobank now has a branch in Changzou, Jiangsu province, to provide financial services for more than 68,000 SMEs.
Maybank now has 11 branches in Cambodia
Maybank has opened a new branch at Stung Meanchey, in Phnom Penh, to expand its network in Cambodia to 11.
Sacombank, Credit Suisse to cooperate in banking services
Sacombank and Credit Suisse Singapore Limited on Tuesday signed a memorandum of understanding to promote cooperation in banking services.
Bangkok Bank to open 4 more Malaysian branches
Bangkok Bank will opening another four branches in Malaysia by 2016, says CEO Robert Loke.
Commentary
Electronic trading proves its strength in times of volatility