In Focus
More liberal ownership climate a boon for Credit Suisse
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%.
NAB profits plunge 16%
The UK units of National Australia Bank Ltd have become a pox on the Australian bank’s operations.
Renminbi continues long march towards internationalisation
Bankers see the Chinese renminbi or yuan becoming a key commodities currency.
China’s third largest bank stumbles
The weaker Chinese economy has claimed Bank of China, Ltd as a victim.
China's banking system seems healthy
The China Banking Regulatory Commission (CBRC) reports on the state of China's banking industry in 2011.
Vietnam to miss target growth for business loans
Despite assurances to the contrary from the government, Vietnam will not loan as much to private business as it planned.
Non-performing loans becoming a nightmare for China
The government hedges against a potentially disastrous rise in non-performing loans.
Malaysian banks invited to open in Pakistan
Pakistan asks Malaysian banks to do business in traditional and Islamic banking.
Citi makes $2.9B profit in Q1 with India, China stake sales
The sale of Citigroup stakes in India and China boosted the bank's revenue as it profited US$2.9 billion in the first quarter of 2012.
Temasek ups investment in Chinese banking industry
Singapore’s sovereign wealth fund casts a huge vote of confidence in China’s economy.
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Asian Banking & Finance Retail Banking Awards 2025 Winner: Kwong Wah Eric Fan of Shanghai Commercial Bank
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