Branch Banking
Woori Bank acquires financial institution in Cambodia
Woori Bank acquires financial institution in Cambodia
The bank renamed the combined entity as WB Finance.
Indian banks ordered to streamline ATM security upgrades
This includes the installation of anti-skimming devices and whitelisting solutions by 2019.
Bank of China to open branch in India
Approval from the central bank is expected shortly.
Standard Chartered to apply for virtual bank license in Hong Kong
The move follows the publication of revised guidelines by the central bank.
India mulls consolidation of state banks
Bank of Baroda and Canara Bank may absorb smaller lenders.
Standard Chartered to split Asia operations into Hong Kong and Singapore hubs
The move aims to curb costs and simplify the bank's structure.
Staggering costs prompt Japanese banks to shut branches down
MUFG Bank will cut the branch numbers by 20% whilst Mizuho will close around 100 domestic locations.
China Construction Bank unveils Shanghai branch fully managed by robots
AI, facial, and voice recognition tech power the self-service branch in Huangpu district.
Number of Taiwanese bank branches plunge to five-year low in 2017
This translates to 3,417 branches still in operation.
YES BANK receives go signal to open London and Singapore offices
It aims to serve the Indian population in the two economies.
Standard Chartered unveils innovation laboratory in Hong Kong
‘eXellerator’ will act as a testing space for the bank’s fintech products and services.
UOB opens first 'non-traditional' branch for millennial customers
The new branch has more self-service machines and a QR code wall.
CIMB to open first Philippine branch in 2018
It will be operational in the fourth quarter.
Bank Central Asia on the lookout for an acquisition target
It has set aside $295 to buy another bank.
Standard Chartered opens Global Business Services centre in India
The Bank expects to have 30% of GBS employees based in Bengaluru.
DBS turns Indian franchise into wholly-owned unit
It plans to build 75-90 branches in India.
Sumitomo Mitsui to open office in Frankfurt office
The bank is avoiding Brexit 'disruption'.
Commentary
Electronic trading proves its strength in times of volatility