Retail Banking
Cathay United Bank and Bank of China strike cooperation deal
Cathay United Bank and Bank of China strike cooperation deal
The Taiwanese bank to work with what it considers the most internationalized bank on the Mainland.
Vietnam may allow sale of ailing banks
Vietnam's central bank is paving the way for mergers and acquisitions among banks to step up the restructuring of the sector hit by rising bad debt.
StanChart India names Rajeev Chalisgaonkar as SME banking head
Mr. Chalisgaonkar was picked to manage the lender’s SME business in India, which has a client base of more than 52,000.
Lone Star not to appeal Korean court ruling
Hana shares soared on speculation that its takeover of KEB will progress as court proceedings seen to end.
China bad debt seen to soar to 60% of bank equity
Analyst say intervention of Central Huijin to shore up the banks shows that banks’ financial health is deteriorating.
Stable outlook for TMB despite high non-performing loans: Moody’s
However, the bank’s profitability remains weak compared to other similar-sized Thai banks.
JP Morgan's earnings may drop 2%
This despite the bank's four straight quarters of beats, according to a Reuters report.
CBA and union to hold talks on cost-cutting plan
Project 35 raised job loss fears as the lender aims to do business more efficiently and more effectively.
Hana willing to renegotiate with KEB if Lone Star doesn’t appeal
Hana said to have cut the agreed purchase price as KEB shares have fell sharply since the transaction was agreed..
Singapore central bank to continue 'judicious management' of its currency
The Lion City expects its economy to probably expand at a slower pace in the next few years, according to a Bloomberg report.
Commonwealth Bank starts slashing costs
Through Project 35, the lender joins major banks in adjusting to a new, post-financial crisis environment.
KDB Financial keen on buying HSBC's Korean retail operations
The possible takeover will augment to KDB's flagship businesses: investment banking and corporate financing as HSBC downsizes retail business.
ANZ Bank imposes pay cap to executives
Escalating borrowing costs and declining property prices erodes demand for mortgages in the developed world.
Philippine banks seen to withstand slowdown
The lender’s non-performing loan ratio was only 3.2% as of June as they continued to trim their soured loans and give out more loans.
Westpac picks Simon Power as Head of Private Bank
The outgoing Cabinet Minister eyed to bring an array of skills and experience to the position.
Sacombank Jan-Sep pre-tax profit estimated at VND 2.17T
Sacombank estimated its pre-tax profit in January-September at VND2.17 trillion unconsolidated, according to Vietnam Daily News, citing a Dau tu...
Southern Bank gets go-signal to hike chartered capital
The State Bank of Vietnam governor has issued a decision approving Southern Bank's application to increase its chartered capital to over 3.212...
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1. OCBC starts AI stock adviser using data on 4,000 stocks 2. UOB reports flat net profit growth in Q1 despite record fee income 3. J.P. Morgan unveils automated cross-currency payment collection and settling service 4. Sea rebrands digital finance business SeaMoney to Monee 5. DBS’ net profit fell 2% to S$2.9b in Q1 2025 on higher tax expenses.Resource Center
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The Asian connection: China's path to sustainable growth