In Focus
Major Japanese bank to expand overseas lending by 32%
Sumitomo Mitsui Trust Holdings, Inc looks to invest a massive amount on a European buying spree.
Major Japanese bank to expand overseas lending by 32%
Sumitomo Mitsui Trust Holdings, Inc looks to invest a massive amount on a European buying spree.
China goes after more investments from Taiwan
Faced by a weakening economy, China offers Taiwanese investors a package of bank loans as incentives.
India targets to have one bank account per family
India attempts the impossible in banking to boost its floundering banking industry.
Agreement to boost mobile banking in the Philippines
The Philippines and the United States have entered into an agreement that will give Filipinos more access to mobile banking and payment services.
Asia-Pacific tops in mobile banking
The Asia-Pacific will continue to have the most number of mobile banking users in the world.
China bank lending accelerates in May
Beijing said bank lending and the money supply were above expectations in May.
Taiwanese banks see more business on the Mainland
Talks between Taiwan and China later this month are expected to see more Taiwan banks open branches on the mainland.
Indian banks strive to meet Basel III
Indian banks are scrambling to raise the massive capital needed to comply with both Basel III and their own expansion plans.
Chinese banks’ profits to drop following liberalization
China’s recent benchmark interest rate cut and liberalization of the rate regime will hurt the profits of Chinese banks.
Taiwan's banks cheating customers in interests: legislator
Delayed accounting of deposits allowed Taiwan's banks to cheat customers of over NT$13 million or US$434,000 in annual interests.
Bank health to determine ownership in Indonesian banks
Bank Indonesia's new rules setting caps on a single lender's ownership percentage of banks is dependent the acquiring bank's financial health.
UAE banks seek more business in China
Two of the largest banks in the United Arab Emirates will set up offices in China to boost trade between both nations.
RHB to further boost overseas presence after OSK deal
RHB Capital will make further overseas acquisitions after acquiring OSK Investment Bank.
Philippine banks claim safety from Eurozone crisis
The Philippines expects to ride out the worst of the Eurozone debt crisis.
CBRC worried over Chinese banks' risky behaviors
Chinese banks are urged to focus on raising capital than taking on more risks.
JP Morgan Chase invests heavily in China
JPMorgan Chase & Co has raised its capital of its Chinese division to over US$1 billion to exploit broader opportunities arising from a further liberalization of China’s banking sector.
Malaysian banks wary of Indonesia's new share limit
Malaysia’s CIMB and Maybank would be the most affected by Indonesia's new regulation limiting the maximum bank ownership of a single shareholder to below 50 percent.
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