Trade Finance
National Australia Bank pays $88-M in class action settlement
A purely commercial decision made.
Indonesia Eximbank targets $218-M bond sale
Capitalizing on low borrowing costs.
4 signs that Deutsche Bank is strengthening its transaction banking business in Asia Pacific
New initiatives include the Asia Accelerator and FX4Cash.
The synergy between trade finance and trade credit insurance
As I scanned my Insurance Day newsletter in London the day I wrote this article, three articles caught my eye “Market Update: trade credit claims...
Indonesian social security provider targets Bank Tabungan stock
Social security provider Jamsostek is prepared to buy a stake in Bank Tabungan Negara.
Citibank ready for renminbi trading in Taiwan
Citibank Taiwan can immediately extend its renminbi-based products and services once Taiwan and China work out currency clearing and settlement rules...
India's IDBI Bank eyes $500M to fund overseas growth
IDBI Bank plans to raise another USD 500 million through sales of foreign currency bonds to fund its overseas business growth.
Standard Chartered adds new features to Straight2Bank Mobile
The enhancements allow clients to review their transaction history, operating loans and deposits, and 3rd party bank account balances.
ICICI Bank to raise $500M through yuan
ICICI Bank plans to raise US$ 500 million through a Yuan bond being managed by Standard Chartered Bank.
Shinhan Bank's dimsum bond sales in Hong Kong bring RMB600M
Shinhan Bank raised RMB600 million or US$95 million through dimsum bond sales in Hong Kong.
Bank Mandiri’s Islamic unit considering IPO
Bank Mandiri is planning an initial public offering next year for its Islamic unit, Bank Syariah Mandiri, according to its commercial director...
Siam Commercial Bank to issue bonds overseas
Siam Commercial Bank will issue Bt40 billion in subordinated debentures in the second and third quarters.
Here’s how banks can stand out in a ‘commoditised’ trade finance setting
Find out what DBS’ Ken Stratton and Oliver Wymann’s Jason Ekberg have to say.
Taishin Financial seeks further diversification
Taishin Financial Holding will diversify its product lines after securing a deal to buy the local unit of New York Life Insurance Co.
ABN AMRO to provide escrow and settlement services in Asia
ABN AMRO will start providing its escrow and settlement services in Asia as it focuses its international growth on specialist businesses.
BTMU suspends one more trader over LIBOR scandal
Japan's biggest bank has suspended another London-based trader over the widening LIBOR interest-rate rigging scandal. Bank of Tokyo-Mitsubishi UFJ...
Commentary
Why high capital levels are a double-edged sword for Singapore banks