In Focus
Citibank India to expand consumer banking
Citigroup, Inc plans add one million new customers from India’s middle class as it expands its credit card business.
Citibank India to expand consumer banking
Citigroup, Inc plans add one million new customers from India’s middle class as it expands its credit card business.
Chinese banks finally open up to private capital
China’s decelerating economy has compelled China’s banks to accept private investments to generate funds for lending to small and medium enterprises.
StanChart issues RMB 1 million in ECP
A new issuance programme from Standard Chartered Bank provides a new instrument and market for investors in the renminbi.
Shinhan Bank dares foreign expansion
In a none too friendly global banking environment, Shinhan Bank aims for 'glocalization'.
Profits of Japan’s top three banks in peril
Sales of extremely risky Japanese Government Bonds push profits of Japan’s three largest banks to a record high.
Banks support Malaysian SME’s overseas expansion
Malaysia’s small and medium enterprises receive more banking support in their quest for higher exports.
Philippine banks outdid regional rivals in 2011
The Philippines’ central bank claims the country’s banks did better than most of its Southeast Asian rivals.
Bank lending in Japan rises for the seventh month
Bank lending grew again in April on the back of efforts to rebuild areas ravaged by the earthquake and tsunami of 2011.
Foreign investors eye Indonesia’s banks
Indonesia’s banks are attracting foreign firms for its booming growth and an untapped market of tens of millions.
More liberal ownership climate a boon for Credit Suisse
Swiss financial services multinational Credit Suisse Group AG is boosting its presence in China.
Temasek “rebalances” investments in China’s Big Four banks
Singapore's sovereign-wealth fund Temasek Holdings has invested more in China’s largest bank at the expense of two other Big Four banks.
Malaysia's CIMB acquires 60% of Philippines' Bank Of Commerce
CIMB acquired 60 percent of Bank of Commerce of the Philippines for US$288 million.
South Korea shuts down four savings banks
Failure to meet financial-strength standards proves fatal for four South Korean savings banks.
Singaporean banks are the world’s strongest
Two Singaporean banks lead Bloomberg Markets’ second annual ranking of the world’s strongest banks.
Chinese banks gear-up for massive foreign expansion
It’s only a matter of time before China’s banks venture overseas in large numbers to support Chinese businessmen around the globe.
Corporate demand for bank credit wanes in China
Bank lending might have plunged 30% in April from March.
Mitsubishi UFJ looks overseas for salvation
Japan’s biggest bank intends to generate some 40% of its profit overseas from the present 28%.
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