News

Bank Negara affirms EON shareholder’s appointment of 7 independent directors last Friday.

Rating attributed to banks' well preserved and deposit-funded balance sheets and improving domestic and global economy.

Lender keen to focus business on natural resources trade, infrastructure financing and structure asset finance industries.

Source says lender’s board may place $6bln worth of shares and rights issue to meet target.

Moynihan revealed few detail on lender's move that includes obtaining securities license over next several years.

Takeover crucial to BRI as it beefs up its assets to become competitive in international market.

Improving net interest revenues and fee based income were drivers for lender's growth.

The Corporate and Investment Banking arm of the RHB Banking Group is the first Malaysian broker to be DMA-ready when it started the service back in December 2009.

Hang Seng became the first bank in Hong Kong to set an RMB prime as the base rate for RMB finance.

Lax management of Tokyo, Los Angeles and Sydney branches can result to sanction by regulator.

Analyst said selection of 7 new directors can revive HLB's bid to acquire EON Cap.

Move part of HSBC's plans to invest in China to capitalise on country’s 10.7% economic growth.

Lenders take advantage of profitability of insurance and mutual funds operations in the long run.

Yet lender decided to focus on short-term loans amidst nation's continuing political uncertainties.

Despite forecast of 20% rise in 2010 loans, NPL and other problem loans ratio are expected to remain below 10% for the next two years.

NAB believes regulator will favor its US$12mln bid for Axa takeover over rival's US$11mln offer.