News

The bank takes the opportunity on China government's drive to boost growth in country's centre and Western regions.

Lender’s sixth Maple bond issue surpassed the $194mln target earnings.

The move is to maintain the bank's above minimum capital ratio and to cope with 15% loan portfolio expansion.

The service was prompted by HSBC's renminbi trade settlement volume which jumped 200% in May.

But analysts say with strong capital and liquidity, stronger banks can still maintain overall performance in 2010.

ANZ leaves Nomura and MBK Partners as bidders due to tension between North and South Koreas.

Bank of America's Australian unit and Don Argus join forces to develop strategies for the bank's Australian operations.

The acquisition of six Bank of East Asia branches is part of ICBC's global expansion plan.

Kang Chung-won's plans of early quitting gives incoming KB Financial chief free rein in reorganising lender.

AIG still silent on lender's offer previously tagged at $2.15bln by rival bid.

Lender intends to raise record setting $23bln before listing in mid-July.

NAB’s takeover of $284mln AXA APH assets still needs nod from NZ's Commerce Commission.

Lender seeks 1.1-to-10 rights issue as analysts fear fund raising could put pressure on weak market.

The $1.8bln India expansion is part of the lender’s strategy to set up businesses in emerging markets.

DBS launches EduSmart to address concerns and uncertainties that parents face today on deciding how much they need to provide for their children’s future.

Fitch's affirmation of DBS and OCBC's stability status reflects the banks' strong credit profiles.