Australia
ANZ quits Korea Exchange Bank bid due to conflicts
ANZ quits Korea Exchange Bank bid due to conflicts
ANZ leaves Nomura and MBK Partners as bidders due to tension between North and South Koreas.
Bank of America eyes growth in Australia by developing tactics
Bank of America's Australian unit and Don Argus join forces to develop strategies for the bank's Australian operations.
National Australia Bank rejects reports of UK pullout
Optimism on Clydesdale operations continues despite distressed British economy and Fitch’s comment that maintenance serves risk.
ANZ hires Morgan Stanley as acquisition adviser
ANZ eager to acquire Bank Panin for $1.3bln as Gunawan family sells 46% of Indonesian lender.
NAB acquires TierOne Bank of Nebraska
$76mln deal will add 69 US branches to NAB's US network and $2.2bln in new deposits.
NAB quits competition for RBS branches
Source said Australian lender leaves Banco Santander in race due to concerns on market conditions.
ANZ says it didn’t bid for KEB stake
Lender belied reports saying lender joined StanChart in bidding for Lone Star's 51% KEB stake.
Commonwealth Bank kicks off Locate us
Product uses Google mapping technology for customers to get easy access to the information they are looking for.
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.
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1. CIMB commits to Kuala Lumpur digital MSME push 2. BSP offers loan relief measures to ease energy price pressures 3. Affin Bank sees AI reshaping Malaysia wealth advisory over next 3 to 5 years 4. Malaysia finance firms see AI ambitions falter as legacy systems block progress 5. UOB faces margin pressure in Q1 as fees easeResource Center
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