News
China's shadow banking danger to escalate in 2015
China's shadow banking danger to escalate in 2015
Moody's sees no immediate meltdown in China's shadow banking, however.
Vietnamese commercial banks to provide housing loans
Loans to begin June 1.
MAS opens office in Beijing
It’s the third overseas representative office of the Monetary Authority of Singapore.
ICBC to open RMB center in Luxembourg
Spurred by successful US$1.7 billion trade last year.
Citi focuses on rich Filipinos
Says wealth management services becoming more popular.
Bank Danamon introduces credit card for entrepreneurs
Card will support business development and activities.
ICBC executive appointed head of CIC
Li Xiaopeng heads China’s sovereign wealth fund with over US$410 billion in assets.
Moody's reaffirms OCBC Aa1 rating with a stable outlook
Rating reflects OCBC’s strong capital position.
China to liberalize interest rates further
Aim is to allow the financial sector to better serve the real economy.
Top Indian and Spanish banks sign cooperation agreement
MOU will support business operations of their clients.
BPI opens first branch powered by solar energy
Intends to equip more branches with solar arrays.
ICBC Singapore to start clearing renminbi
Will start doing so for participating banks today.
CCB buys stake in 2nd biggest Russian bank
China Construction Bank among buyers of a 55% stake in VTB Bank.
New Indonesian banking law implemented by 2014
Limits foreign ownership in banks to only 51%.
Tharman reappointed MAS board chairman
He will serve until May 31, 2015.
ICBC loses Goldman Sachs investment
US investment firm makes US$1.1 billion by selling remaining ICBC shares.
AgBank VP fired for taking huge bribes
Yang Kun is highest-ranking bank executive to be investigated for corruption.
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