Retail Banking
Maybank eager for more IPOs after Kim Eng share buy
Maybank eager for more IPOs after Kim Eng share buy
The purchase provides Maybank platform to expand services that includes IPOs within Southeast Asia.
Union pickets Maybank headquarters
Members of the National Union of Bank Employees held a peaceful one-and-a-half hour picket in front of Menara Maybank.
BS Financial eyes savings bank business
BS Financial Group is considering breaking into the savings bank sector in a bid to expand its business portfolio.
ICBC to expand globally via emerging countries
Industrial and Commercial Bank of China Ltd. will increase its global footprint by setting up branches in India, Pakistan and Brazil.
China regulator halts approving city lenders' rural banking proposals
Some analysts believe city lenders are adept at dealing with small clients while others doubt on city lenders’ capacity to provide enough human...
Hong Kong Monetary Authority gives banks funding plan deadline
Hong Kong banks should submit its plan by the end of the month for HKMA to avoid the risk of credit-fuelled property bubble.
Bendigo and Adelaide Bank inaugurates new wealth management unit
Bendigo Wealth delivers better consistency across the bank’s product range as it aligns its portfolio of wealth management services with those of its...
Maybank appoints 4 senior officers
The assignments aim to empower the group with extensive management experience and expertise in key areas for its next phase of growth as a regional...
Everbright Bank H-Share IPO gains regulatory support
Preparation for China Everbright Bank's Hong Kong listing has been going smoothly, according to its vice president Lin Li.
Indian bank used to evade US taxes
An Indian-American pleaded guilty to conspiring to defraud the Internal Revenue Service with five HSBC bankers by hiding his Indian accounts.
Kookmin Bank poised to achieve pre-crisis profits in 2011
Costs incurred from massive job cuts and other factors cut down the lender’s profit to $10mn last year compared with $2.49bn in 2007.
A month left for the nominations in the upcoming Asian Banking and Finance Retail Banking Awards 2011
The Asian Banking and Finance Retail Banking Awards 2011 is now underway its process of nomination.
ANZ allowed to launch factoring services
ANZ Bank Vietnam has been allowed to launch factoring services, according to State Bank of Vietnam governor, Nguyen Van Giau.
China Everbright Bank's 2010 net profit up 67.4 %
China Everbright Bank's net profit is up jumped 67.4 percent to US$1.96 billion U.S. dollars for the 12-month period ended on Dec. 31. 2010.
Zainal Abidin is new CIMB chairman
CIMB Bank has appointed Datuk Zainal Abidin Putih as chairman of the board of directors.
Westpac to expand operations in Asia
Westpac Banking Corporation expand its business in Asia organically and through partnerships rather than acquisitions, according to its chief...
StanChart’s Korea Unit to maintain paying dividends
Despite 27 branch closures in 2011, the lender still has no plans to pull out of South Korea.
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He highlights the importance of cultural context, workforce mobilisation, and data-driven strategies in financial sector innovation.
