Retail Banking
First Bank and ICBC join forces
First Bank and ICBC join forces
ICBC is the fourth Chinese bank with which First Bank had signed an MOU for overseas expansion.
OCBC private banking unit increases managed assets
Bank of Singapore aims to tap the growing number of affluent Chinese and Indians by establishing local offices in their respective countries.
RHB may eye merger with AMMB
RHB Capital Bhd may revisit a potential merger with AMMB Holdings Bhd after failed deals with CIMB and Maybank.
Maybank pulls out of RHB bid
Maybank pulled out of negotiations for the purchase of RHB Capital because of the prohibitive price.
Bankers from Pacific Islands to get training in Italy
The Pacific Financial Inclusion Program announced that representatives from some Pacific countries will join a delegation to attend the Boulder...
PGBank's deposits near VND14 trillion in 2010
PGBank raised its total deposits in 2010 to 13.995 trillion dong, based on its recently released 2010 annual reports.
Woori privatisation collapses behind parliamentary opposition
FSC withdraws proposal to legally ease bank ownership regulations, signaling death of Woori’s stake sale.
DBS Taiwan to sell new high-yield savings products
Move in response to customers who like to see their deposit rates surge in line with actions taken by the Taiwanese central bank.
OceanBank partners with Vinalines
OceanBank pledged to provide financial and banking services to Vinalines including lending for purchasing ships, advising card services, and others...
Banco de Oro eyes acquiring PBCom’s 67% stake
BDO emerged as the second bidder of PBCom after ISM Communications.
Westpac’s CEO to calm mortgage fears amidst experts’ warnings
Kelly defied property experts’ forecasts by saying that although mortgage arrears have increased Australia’s economy will keep the housing market...
BofA’s $21bn stake in CCB may be offered for sale
BoA could use the proceeds to comply with tougher capital requirements that may be imposed by regulators for prevention of a repeat of the 2008...
Woori stake sale faces another hurdle
Stake sale in danger of collapse anew as FSC vice chairman said the regulator to forgo plan to ease ownership rules.
China Bank starts offering CNY savings accounts
Move to tap currency’s booming popularity, as China is expected to further liberalize policies for yuan-denominated investment instruments.
SBI to add 4 South Africa branches
The lender chose organic growth than M&A for expansion as it opens opportunity for sustained growth for those wanting to tap into the Indian market.
PNB steps up global operations expansion
Aside from pending licensure in Australia and Canada, the lender eyes to move its international operations headquarters to London.
StanChart appoints Sandeep Das as private banking head
The move is part of the lender’s drive to its top management in South Asia.
Thought Leadership Centre
In Association with
Most Read
1. OCBC starts AI stock adviser using data on 4,000 stocks 2. Aussie banks launch digital locks versus online fraud 3. UOB reports flat net profit growth in Q1 despite record fee income 4. J.P. Morgan unveils automated cross-currency payment collection and settling service 5. Sea rebrands digital finance business SeaMoney to MoneeResource Center
Read Here
Advertise
Sign Up
Awards
Jul
03
Jul
03
Jul
08
Event News
Productive sectors need more capital to stimulate the slowing economy.
Commentary
The Asian connection: China's path to sustainable growth