In Focus

HSBC exiting retail banking in South Korea

HSBC exiting retail banking in South Korea

The planned shutdown will eliminate 230 jobs.

In Focus

The US$1.6t global Islamic finance industry growing at a third of its potential

Absence of sukuk tax legislation in non-Muslim nations to blame.

In Focus

China clamps down harder on WMPs

Intends to increase transparency and reduce risk.

In Focus

Twenty six firms apply for new Indian baking licenses

New licenses to be granted by March 2014.

In Focus

Singapore banks' loan to deposit ratio rose to 99.8%

It's another record high since 1999.

In Focus

Vietnamese banks reluctant to participate in government's US$1.43b loan program

They fear vague lending regulations.

In Focus

Some ICBC and BOC branches refuse to lend

Unable to meet loan-to-deposit requirements.

In Focus

PBOC denies existence of credit crunch

Promises stability and support for banks.

In Focus

PBOC urges banks to boost liquidity management

Bankers now worried over a potential Chinese financial crisis.

In Focus

MUFJ fined US$250 million for breaking financial sanctions

New York State claims bank did business with Iran, Sudan and Myanmar.

In Focus

Why Korean banks will still suffer from asset quality pressure

Ugly months are looming.

In Focus

“Banking University” could rise in Singapore

BNP Paribas plans banking university to raise level of financial services skills.

In Focus

China’s cash squeeze worsening

Liquidity shortage the worst in seven years.

In Focus

Dearth of professionals limiting Islamic financing’s growth

The industry is short of 30,000 people.

In Focus

India strengthening Exim Bank

Adds US$517 million to finance exports of heavy industry goods.

In Focus

China banking system’s net forex purchases plunge 340%

Capital inflows suggest renminbi appreciation.

In Focus

Hong Kong residents investing more in RMB products

RMB assets to rise to 32% of their portfolios.

In Focus