Australia
AXA grants NAB extension to win regulator’s nod
Exclusivity agreement prevents AXA from seeking bids from other banks for 6 weeks.
AXA grants NAB extension to win regulator’s nod
Exclusivity agreement prevents AXA from seeking bids from other banks for 6 weeks.
NAB, Santander move ahead in RBS unit sale
Source said lenders topped rival BBVA as the latter failed to provide better offer.
Commonwealth Bank capitalises on small businesses
Small enterprises lending grows to 8.3% as it leads the competition with only 7.86% interest.
NAB to seek Axa Asia asset buyers
Lender in negotiation to dispose assets to win approval of Australia’s regulator.
ANZ plans to boost its Asian growth strategy
Lender mulls on spending US$4bln on 2 mega deals as it denied selling Bank Panin stakes.
Extension of Axa Asia deal with NAB possible
Parties discuss move to sell assets to appease the Australian Competition & Consumer Commission.
Westpac improves online trading platform
iPhone, iPod Touch and HTC Dream users can keep track of investments wherever they are.
ANZ completes acquisition of RBS units in Singapore
Lender expands presence in the state by taking over RBS's retail and commercial businesses.
Australian banks brace for class action
IMF Australia to represent 500,000 Australians in accusing lenders of illegally charging US$4.5bln for minor violations.
NAB shortlisted as bet for 318 RBS branches
NAB rivals Santander as they are the likely bidders after two other lenders were removed from the race.
National Australia Bank profit down 21% to $2bln
But lender positive that business lending spurt can help drive profit up in next 6 months.
Westpac profit up 30% to US$2.5bln
Lender posted above-expected net profit but cautious on Europe credit crisis’ effect on Australian market.
ANZ Bank dismisses AXA offer
AXA CEO lost interest in bid despite encouraging suggestions from US and Australian investors.
Commonwealth Bank does not require immediate funding activities
Bank said it has no need for immediate additional wholesale funding amidst Greece and Portugal credit crisis.
National Australia Bank eyes RBS deal
NAB seeks inclusion in $3.3bln RBS acquisition as it attempts to win its AXA bid.
Commonwealth Bank acquiring Vietnam International Bank's 15% stake
CBA bought $235mln VIB shares to capitalise on Vietnam's surging banking demand based from country's demographics.
ANZ to consider bidding for Korean Exchange stake
Australian lender plans to compete with local counterparts to expand its Asian business.
Thought Leadership Centre
In Association with
In Association with
Most Read
1. Why Singapore banks are a ‘safe haven’ from US market volatility 2. Maybank Singapore unveils second lifestyle banking space 3. Hong Kong’s ZA Bank offers crypto trading services to retail users 4. MAS issues 14-year prohibition orders against Loh Sheng Yang 5. MUFG employee steals up to $12.9m from safe deposit boxesResource Center
Read Here
Advertise
Sign Up
Events
Event News
Event News
Principled AI key to transformation of financial services
![Principled AI key to transformation of financial services]()
Information Technology
Companies must be transparent and fair to maintain trust and mitigate reputational risks.
Companies must be transparent and fair to maintain trust and mitigate reputational risks.
Videos
Partner Sites
Thought Leadership Centre
In Association with
In Association with
Commentary
Southeast Asia’s digital banks – the road from good to great
Reshaping fraud detection in Asian finance with knowledge graphs
Why is willful default a growing threat to Bangladesh’s financial stability?
Mobile Wallets are Southeast Asia’s Pathway to Financial Inclusion