In Focus
CBRC orders banks to provide more detail on interbank deals
Unregulated channels may be used to pour funds into speculative real estate.
China secretly issues tougher anti-money laundering rules
Banks to rate their clients' risk of criminal conduct starting December 2015.
Chinese banks continue amassing US dollars
Attain forex surplus for seventh straight month.
Indonesia's 4 large banks' loan growth likely to reach 23%
Barclays says credit quality is stable.
Bank Mandiri to invest US$130 million in IT
Indonesia’s largest lender will use the investment to improve its information technology system to increase its efficiency.
Singapore to replace Switzerland as the bank for the super-rich
To become top destination for the wealth of the world's richest by 2020.
Bank Mandiri to increase corporate loans by 18%
Loans are for the infrastructure, consumer goods and plantation sectors.
Senior executive movements at China’s top banks
Changes follow the once-in-a-decade leadership transition at the Chinese communist party.
Citi Philippines named Best Bank in Asia Pacific--again
Is the ninth straight year the bank has won the award.
Asia's share of global revenues doubled in the last 7 years: Citi
Find out how Citi benefits from this growth.
3 in 4 Filipinos do not visit bank branches anymore
They prefer to do banking online.
China reorganizes Monetary Policy Committee
Cause is the retirement and reshuffling of committee members.
China gets tougher on sales of WMPs
Orders checks on underlying assets of volatile WMPs.
Credit card fraud tops Shanghai’s financial crimes list
Accounted for 88% of financial crime cases in court in 2012.
HSBC says new Indian banking regulation not “sensible”
Indian and foreign-owned banks won’t be able to meet the new norms.
Commentary
Why high capital levels are a double-edged sword for Singapore banks