Retail Banking
Mizuho plans stake acquisition in Asian banks
Mizuho plans stake acquisition in Asian banks
Lender willing to invest $1.2bln in M&A as it joins rivals in shifting resources abroad.
DBS issues $1bln 5-year bonds
Sale intended to raise funds to ease high US dollar loan-to-deposit ratio and improve financial standing.
Bank Julius Baer develops Asia as second home market
Lender to launch trust company in Singapore and representative offices in other Asian nations. Swiss private banking group Julius Baer is...
RBI wants higher salaries to PSU banks' CEOs
India's central bank concerned that public sector may lose talent to private sector that offers crores.
Westpac names Jane Kittel BankSA CEO
Kittel to replace Rob Chapman after being general manager of lender's Pacific Banking division.
Commonwealth Bank offers $1.4bln of bonds
Lender's largest bond sale in its home market since March 3 is due in 2013.
Woori targets topping rivals via Hanmi Financial deal
Deal aimed to help Woori secure position and raise awareness among Americans.
Bank Negara Indonesia targets $1.1bln from rights issue
Target up from $400mln as market has become more conducive for raising funds.
Morgan Stanley applies as bidder for Woori takeover
Analysts see JP Morgan or UBS to acquire Woori among eight shortlisted bidders.
China Merchants Group names Fu Yuning Chairman
China Merchants also appoints former executive of Cosco, Li Jianhong, as its new president.
India to appoint eight bank chiefs
Move follows finance minister's appeal to ensure vacancies in state-owned banks be filled immediately.
DBS' Rajan Raju quits consumer banking head post
Raju transfers to Deutsche Asset after recent high-level hirings and 13.6% decline in lender's consumer banking.
China listed banks combined profit up 46%
ICBC leads banks with biggest profit for the first half at $12.42bln as lending boom reaped profits.
GRG Banking wins 1000 ATM units order from Middle East
GRG Banking Equipment Co.,Ltd.’s new subsidiary, GRG Banking Equipment(HK) Co.,Ltd., secured an order to supply 1,000 units of automated teller...
HSBC launches integrated banking account for SMEs
Product provides 33% discount on standard tariffs for selected trade services and 10% for telegraphic transfers.
Growth of ICBC, BOC seen to slow down
Lenders have peaked after ICBC and BOC second quarter profit up 38% and 15% respectively.
ICBC, BOC profits may reflect China banking industry’s strength
Estimated more than 29% profit increase of both banks seen to improve confidence in China’s lenders.
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