Branch Banking
NAB acquires TierOne Bank of Nebraska
NAB acquires TierOne Bank of Nebraska
$76mln deal will add 69 US branches to NAB's US network and $2.2bln in new deposits.
More foreign banks eager to enter India
Possible easing on banking regulation encourages up to 8 foreign lenders to establish unit.
5 Chinese banks can apply for Taiwanese branches
China wants its banks to directly establish branches without the need of setting up representative office first.
50 branches for Maybank Group's 50th year
Maybank strengthened its branch network with five new branches. The move fortified its status as the foreign bank with the most number of branches in...
ANZ completes acquisition of RBS units in Singapore
Lender expands presence in the state by taking over RBS's retail and commercial businesses.
SBI targets reaching 12,000 unbanked villages
Plan submitted to India's central bank under financial inclusion programme for the year.
NAB shortlisted as bet for 318 RBS branches
NAB rivals Santander as they are the likely bidders after two other lenders were removed from the race.
CIMB gets approval to expand in Cambodia
Country's central bank governor granted approval-in-principle to lender's bid to offer banking services to 14mln Cambodians.
Bank of Taiwan eyes opening first Shanghai branch
Lender allowed investing as much as 15% of its net worth in China.
Punjab National Bank taps Punjabi immigrants in Canada
Lender focuses on retail markets after learning from its success in British market.
ICICI Bank plans hiring 7,000 people in 2010
Recruits will be deployed to man new branches while declaring bonus and increments for old employees.
Foreign banks in Asia face dearth of targets
Lenders eager to expand through asset acquisition in Asia but has difficulty finding one.
Bank Rakyat studies potential entry in Brunei
Brunei official's invitation prompted lender to consider bringing its banking operations to the oil-rich sultanate.
Hang Seng's banker shortage may hamper China expansion
Lender will add personnel in several departments to meet its target 50 China branches.
Commonwealth Bank acquiring Vietnam International Bank's 15% stake
CBA bought $235mln VIB shares to capitalise on Vietnam's surging banking demand based from country's demographics.
ANZ to consider bidding for Korean Exchange stake
Australian lender plans to compete with local counterparts to expand its Asian business.
ANZ chief goes for a 'transformational' deal
Smith eyes a partnership with an Indian or Singaporean bank to expand further its Asian operations.
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Electronic trading proves its strength in times of volatility