Taiwan
China, Taiwan prepare for cross-Strait currency clearing
China and Taiwan has paved the way for the establishment of a cross-Strait currency clearing mechanism by signing a memorandum on currency clearing.
China, Taiwan prepare for cross-Strait currency clearing
China and Taiwan has paved the way for the establishment of a cross-Strait currency clearing mechanism by signing a memorandum on currency clearing.
Barclays appoints I.C. Liu as Taiwan investment banking head
Liu will oversee the bank’s advisory, capital raising and risk management businesses.
Taishin Financial seeks further diversification
Taishin Financial Holding will diversify its product lines after securing a deal to buy the local unit of New York Life Insurance Co.
Cathay Financial has most employees among Taiwan firms
Cathay Financial is the largest employer among listed peers, according to a Taiwan Stock Exchange’s social responsibility review.
GRGBanking launches Intelligent Cash & Cassette Management Solution in Taiwan
The solution was demonstrated in front of more than 300 business partners and representatives.
Bank of Taiwan braces for clearing bank role
Bank of Taiwan is working to get the central bank's permission to become a clearing bank under the cross-strait currency clearing system.
Industrial Bank of Taiwan to open leasing outlet in Tianjin
Industrial Bank of Taiwan is planning to open a financial leasing outlet for small-and medium-sized enterprises in Tianjin within the year.
Taiwanese banks prepare more mainland expansion
Taiwanese banks are expanding their in the mainland with two opening branches in the last two weeks and another one on the way.
Taiwan sees more business for its banks in China
China should facilitate the entry of more foreign banks into its restricted banking sector.
Taiwanese banks headed for profitability in Cambodia
One of one of the largest commercial banks in Taiwan continues its expansion in Southeast Asia.
Taiwan’s top financial firm to invest US$1.3 billion in China
Cathay Financial Holdings intends to invest up to US$1.3 billion to acquire mainland Chinese banks or build partnerships in China.
Taiwanese banks see more business on the Mainland
Talks between Taiwan and China later this month are expected to see more Taiwan banks open branches on the mainland.
Taiwan's banks cheating customers in interests: legislator
Delayed accounting of deposits allowed Taiwan's banks to cheat customers of over NT$13 million or US$434,000 in annual interests.
Potential buyers back out of Ta Chong Bank sale
Shares of Ta Chong Bank plunged after potential buyers of the bank had walked away from a possible acquisition.
Vietinbank to conclude 20% stake sale in Q4
VietinBank will conclude a 20% stake sale to a foreign strategic partner in in the fourth quarter.
Taiwan's Cathay Financial posts Q1 net profit of $67M
Cathay Financial reported a first-quarter net profit of NT$1.97 billion or US$67 million, and earnings per share of NT$0.19.
Taiwanese banks' key profitability indicators
Taiwanese banks’ net interest margins are unlikely to improve in the next 2 years, says Standard & Poor's.
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