Retail Banking
CMB keeps positive S&P ratings
CMB keeps positive S&P ratings
China Merchants Bank kept its Standard & Poor’s 'BBB-' long-term and 'A-3' short-term counterparty credit ratings on CreditWatch.
Chinese regulator's move stales Minsheng's IPO
Minsheng shares dipped 3 percent during IPO as Beijing reportedly pressured banks to increase capital adequacy ratio.
ANZ Bank mulls raising US$400mln for China expansion
China would be next in Asia Pacific after ANZ had established foothold in Indonesia and Vietnam.
China banks furnish capital raising schemes to regulator
Sources say country's top banks submitted plans of replenishing capital after they have lent $688 billion.
Moody's outlook for Indian banks remains negative
Indian banking credit outlook remains negative reflecting the challenging economic conditions, problem loans, and adverse implications for asset...
ANZ completes acquisition of RBS Philippines
RBS in the Philippines became the first of six markets to transition to ANZ ownership. ANZ is acquiring the Royal Bank of Scotland retail, wealth and...
Korea Deposit Insurance sells 7% of Woori stake
The goal of privatising Woori pushed KDIC to a $751.4 million stake sale on Tuesday.
Steve Sargent is GE Capital's new President & CEO for APAC
General Electric Company's financial services segment GE Capital has appointed Steve Sargent as president and CEO of its business operations in Asia...
China's regulator to big banks: Raise capital ratios
Source says CBRC told country’s top banks to increase capital adequacy ratios by 2 percent from average.
China Minsheng’s United Commercial Bank’s acquisition attempt denied
A source says policies on foreign investments rule out possibility of China Minsheng’s UCB takeover.
Punjab National Bank eager to expand insurance operations
Dissolving JV with Vijaya Bank and Principal Group would enable Punjab National Bank to become more competitive.
Citibank Korea rated on own profile
Standard & Poor's no longer incorporates an uplift on Citibank Korea Inc and rated it on its stand-alone profile.
Korea Exchange Bank pursued by other banks
As economy improves, CEOs of other South Korea banks are eyeing to merge with KEB.
Bank Ekonomi increases profits by 55%
Bank Ekonomi reported profit before tax of US$33 million for the nine months to 30 September 2009. The figures represent an increase of 55 percent on...
China banks approach Newbridge for Taishin stake
The Commercial Times reported that Chinese banks want to buy $923-million worth of Taishin stakes.
Westpac to focus on localised, personalised operations
Bank managers are reinstated in Westpac South Coast to serve customers with personal touch.
Liang appointed Fubon Managing Director and CEO
Mr. Pei-Hwa Thomas Liang succeeded Mr. Jin-Yi Lee as Managing Director and Chief Executive Officer of Fubon Bank. This was announced by the bank’s...
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