Singapore

CSFI/PwC report warns of Asian banking risks

Over-reaction of regulators ranked as the biggest fear of Asian bankers.

CSFI/PwC report warns of Asian banking risks

Over-reaction of regulators ranked as the biggest fear of Asian bankers.

UniCredit pulls trade team out of Singapore

The bank's Forfaiting & Trade Finance business moved to Hong Kong, headed by Charles Brough and Florence Kwan.

Moody's lowers Singaporean banks' hybrid securities ratings

Moody's Investors Service downgraded its ratings on certain Singaporean banks' hybrid securities in line with its revised guidelines.

DBS interested in investing in Chinese bank

Possible investment in a mainland lender is part of DBS' aggressive expansion plan.

DBS inaugurates new headquarters building in Shanghai

Singapore's largest bank continues to grow its branch footprint in China with the inauguration of DBS Bank Tower located in Lujiazui.

Bank of Taiwan inaugurates Shanghai office

February 1 opening seen to symbolize improving financial cooperation between China and Taiwan.

Korea Exchange Bank's 2009 net grows by 13.9%

Lower loan-loss reserves and a one-off gain attributed to KEB's growth.

ANZ receives unibank license from Philippines' central bank

ANZ became the first foreign bank to be granted universal status by Bangko Sentral ng Pilipinas.

Mega Financial eyes extending cooperation with China banks

Mega wants more collaboration with Chinese lenders after it released $31 million loan with BoC.

EON Capital turns down Hong Leong's bid

EON said Hong Leong's $1.4 billion offer undermined former's latest projected growth.

State Bank of India considers raising $4.3bln

SBI plans procuring funds through equity within 2 years to reach capital requirement target.

China Merchants Bank gets nod on rights issue

Regulator's approval could bring in additional $3.2 billion after lender's expansion.

Korea Development Bank quits bid for Siam City

HSBC, Bank of Nova Scotia and Hong Leong remain as bidders after KDB saw potential risks.

HSBC belies report on China bank acquisition plans

Bank's chief said 19 percent stake in BoCom was enough as it abides by China's policies.

ING Asia Private Bank renamed Bank of Singapore

OCBC has completed the acquisition of Singapore-based ING Asia Private Bank Limited and its subsidiaries for approximately US$1,446 million.

Getting transparent exposure

Managed account platforms are fast gaining popularity among institutional investors looking to get exposure to the “good” risks of hedge funds investing.

Banks hold back on replacing old ATMs: Wincor Nixdorf

ATM manufacturer reports sales down, profits down, no sign of recovery as banks delay replacing old systems.