News

UBS to face Hong Kong interest rate misconduct probe

Hong Kong is investigating UBS over the Asian financial center’s benchmark interest rate.

China's Minsheng Bank reports $47.62-B in micro-credit

Minsheng Bank's micro-lending topped 300 billion yuan or US$47.62 billion.

Chinese banks ordered to do internal scrutiny within 15 days

China government issued "internal and extra urgent" notice last Friday.

China targets CNY9t new loans for FY13

It's up from the CNY8t target in FY12.

Bank alliance to boost Indonesian and Japanese business

PT Bank DBS Indonesia and Sumitomo Mitsui Trust Bank continue regional partnership.

BOCHK now has less HK$ liquidity risk

Thanks to steady growth in its offshore RMB business.

Asia Pacific banks resilient to risks in 2013

But China and India are the weak spots.

BofA quits private banking in Japan

Sells entire stake to Mitsubishi UFJ Financial Group.

Why BEA does not need to raise equity capital in the near term

It recently placed 111.6m new shares to Sumitomo Mitsui Bank.

China's November loan figures 'roughly in-line'

Mainland banks lent out CNY530b of new loans.