Branch Banking

Hang Seng's banker shortage may hamper China expansion

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.

Citibank Malaysia eyes double-digit revenue growth

Opening of 4 new branches is part of lender's aggressive expansion.

China opens doors to Taiwanese banks

Six lenders immediately applied for branch expansion in Mainland following FSC approval.

Hang Seng eyes Zhongshan's HK enterprises

Hang Seng Bank officially opened its sub-branch in Zhongshan, Guangdong province. The new sub-branch offers comprehensive banking services for both...

ANZ and Finance Sector Union clash

FSU argues bank's plan to open Manila operations hub could cost 100 jobs in Australia.

Bank Central Asia launches Islamic lending division

BCA Syariah is lender's answer to growing demand for Islamic banking of  85% of Indonesia's population.

Affin to complete Bank Ina takeover by Q3

Malaysian bank's shareholder Boustead saw Malaysian lender's move essential to gain foothold in Indonesia.

Kookmin chief to push mega-bank initiative

Lender confident of being leader in merger and acquisitions drive despite facing difficulties and controversies.

Industrial Commercial Bank of China to enter India

Move to open ICBC Mumbai branch follows China’s nod for SBI Shanghai to lend in Renminbi.

BEA commits to Northern China development

BEA became the first locally-incorporated foreign bank to open a branch in Hebei Province with its Shijiazhuang branch.

Commonwealth Bank launches first branch in China

Lender keen to focus business on natural resources trade, infrastructure financing and structure asset finance industries.

Agricultural Bank of China launches Australia office

Assistance from Austrade and New South Wales government paved way to lender's Sydney office opening.

Bank of America chief keen on China expansion

Moynihan revealed few detail on lender's move that includes obtaining securities license over next several years.

Korea Exchange Bank cautioned for sloppy branch management

Lax management of Tokyo, Los Angeles and Sydney branches can result to sanction by regulator.