Taiwan
Taiwan approves CCB’s application for local office
Taiwan approves CCB’s application for local office
With the approval the CCB Taiwan representative office can engage in non-operating activities like communicate with Taiwanese banking institutions and clients and collect local financial information.
DBS Taiwan launches new savings products
Products can yield high interest rates of up to 5.38% whose minimum amount that can be transferred is US$10,147, while the maximum is US$338,249.
Taiwanese lenders scramble to establish foothold in Vietnam
The banks follow suit the migration of Taiwanese companies to Vietnam behind its low manufacturing and labor costs.
HSBC Taiwan plans to issue $621.1mn financial bonds
Local Taiwanese banks follow HSBC’s move to fund expansion of lending business.
Chinatrust to join forces with China Development Bank
The Taiwanese bank also planned to forge ties with Bank of China.
Taiwanese banks to recruit 1,500 personnel
The country’s economic recovery prompted 9 banks to beef up workforce.
Bank of Taiwan gets Taiwan regulator’s nod to open Shanghai branch
Yet the lender still needs approval from Chinese lender to complete upgrade.
Taiwanese financial holding companies to raise salaries
Companies to hike pay to up to 10% to employees who performed well.
Chinatrust eyes acquiring Metlife Taiwan unit
Chinatrust sets its sight on Metlife after it failed to win AIG Taiwan unit bidding.
China Development Bank plans to set up Taiwan branch
Taiwan’s Cross-Strait Common Market Foundation that the number of Taiwan banking institutions that are approved to set up China branches has grown to seven.
UBS appoints Lee Tien Cheng Taiwan Country Head
The lender wants to tap on Lee’s wealth of experience as executive in various Taiwanese banks.
Taiwanese finance companies bid for AIG's Nan Shan
Chinatrust Financial, Cathay Financial, Ruentex Group and Fubon Financial to bid for AIG's 97.57% stake in Nan Shan.
Bank of Beijing and Taiwan Business Bank ink MOU
The TBB encourages its major clients in China to apply for $14.06mln loans from the BOB.
Chinatrust Financial to raise US$1.97bln via rights issue
The company mulls selling 3.35bln common shares to increase its working capital and strengthen its financial structure.
StanChart targets Taiwan`s top foreign bank spot
The lender aims to accomplish feat in 3-5 years time as it has recruited 100 more new employees.
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He highlights the importance of cultural context, workforce mobilisation, and data-driven strategies in financial sector innovation.
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Young Malaysians, big money mistakes: What’s going wrong with Islamic financial behaviour?