Markets

Bank of India starts offering dollar bonds

Move is part of lender's goal of raising $2bln to fund its international operations.

Bank of India starts offering dollar bonds

Move is part of lender's goal of raising $2bln to fund its international operations.

China banks urged to boost capital with profits

Regulator favors raising capital by rights offering while discouraging private placements and public share sales.

StanChart to seek Shanghai listing

Lender capitalises on Beijing's encouragement for foreign firms to offer shares after regulations become clear.

China Merchants sees growth from upcoming rate hike

Lender plans raising $3.2bln from rights issue to prepare for expected tougher competition.

HSBC earns US$1.4bln from initial Kangaroo bonds sale

Analysts believe improving lending conditions attracted Asia-Pacific investors as bank expands in the region.

China Merchants eyes raising $3.2bln via rights issue

Move aimed to replenish capital ratio after expansion of loans and acquisition of Wing Lung.

China Merchants eyes raising $3.22bln via rights issue

Rights issue with 1.3-for-10 ratio for Shanghai and Hong Kong aimed to bolster balance sheet.

United Bank of India targets $72mln from IPO

Lender eyes raising the amount by offering 50 million shares worth between $1.3 to $1.43 each.

Singapore's DBS weighs in on lesbian sex debate

What you do on your own time is, well, apparently the bank's business these days, with DBS Bank publicly rebuking an employee for being elected...

Cheang to replace Engel as HSBC regional director

Louisa Cheang, currently Head of Personal Financial Services Hong Kong, leads the list of HSBC’s senior executive appointments, which are still...

A guiding partner for SME development

Everyone acknowledges the SMEs important role in economic growth, social cohesion, employment and local development, accounting for over 95 percent of...

Uplifting women through financial empowerment

Women are increasingly balancing their acts of earning for the family while tending to their role as home makers. United Nation’s data revealed that...

RBS Coutts to give manly assistance to women

RBS Coutts launched a private banking initiative tailored specifically for high net worth women in Asia. It will assist women in managing their wealth...

Standard Chartered grows Asian aircraft portfolio

Standard Chartered Bank will acquire 14 narrow body aircraft from GE Commercial Aviation Services through its Pembroke Group.

Public Bank and ING unveil lady and child plans

Public Bank and ING launched separate insurance plans for females and children.

Malaysia's CIMB acquires 19.99% of Chinese bank

CIMB created a strategic link to China with its acquisition of 19.99 percent stake in Bank of Yingkou.

Canara HSBC reports US$60.25M in premiums

For its first nine months of operations, Canara HSBC garnered US$60.25 million in gross written premiums.