Retail Banking
Morgan Stanley to engage in commercial banking in India
Morgan Stanley to engage in commercial banking in India
The Reserve Bank of India has approved Morgan Stanley's application to engage in commercial banking in India.
Basel III will have to wait
China will delay the implementation of tough new bank rules until next year.
Indian banks told to be serious with unclaimed deposits
The Reserve Bank of India advised banks to implement more processes in dealing with unclaimed deposits.
CIMB targets 17-18% growth in retail deposits
CIMB Bank is hoping to grow its retail deposit business by 17 to 18% this year from RM53 billion last year.
Philippine banks claim safety from Eurozone crisis
The Philippines expects to ride out the worst of the Eurozone debt crisis.
China’s banking "reforms" an illusion
China’s heavily hyped banking reforms look more like a gimmick than the real deal.
TSB gears up for competition - CEO
Financial results for the TSB Bank showed 10% growth in profit to $66.5 million.
Depositors challenge basel III paradigm
Most financial services regulation fails because it is backward-looking. In seeking to address the problems of the last crisis, regulators often sow...
Loan mix in China may shift to more mid- and long-term loans
So far loan growth year-todate was mainly driven by short-term corporate loans and discounted bills, says Barclays Research.
Uco Bank going short on capital
Uco Bank will focus on retail lending to boost margin and may cut growth in the next five years to use capital frugally.
Malaysia’s CIMB Q1 net profit up 10%
CIMB announced a 10.3 percent increase in first-quarter net profit mainly due to stronger regional corporate banking and treasury markets businesses...
EastWest Bank records good numbers
The Philippines’ EastWest Banking Corporation posts industry leading numbers for the first quarter.
Hana raided over savings bank scandal
The main office of Hana Capital in southern Seoul have been raided by prosecutors for its role in the Mirae Savings Bank scandal.
Bank Syariah Mandiri posts Q1 net profit of $20.6M
Margin income and profit sharing pushed Bank Syariah Mandiri's first quarter net profit up by 42.87 percent from last year to Rp192.72 billion or US...
Australian and Chinese banks suffer from bank-bashing governments
Why are the banks in two of the world’s better-performing economies under government scrutiny?
Combined market share of Australia's big four banks
They have a combined market capitalisation of $260 billion and account for almost 87% of the home loan market.
Singaporean banks prove resilience in stress test: Fitch
Fitch says Singapore banks can fully absorb asset-quality shocks through their earnings alone, thereby leaving a limited impairment risk on capital.
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1. Mizuho to acquire majority of Upsider’s shares for $309.8m 2. Singapore launches electronic deferred payments to ease cheque phase-out 3. NAB invests $55m to upgrade over 100 branches across Australia 4. Airwallex gains capital markets services license in Singapore 5. HSBC Singapore unveils health and wellness centre at The Star VistaResource Center
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