Trade Finance
Woori Bank to sue Citi, BoA, RBS over losses
Woori Bank to sue Citi, BoA, RBS over losses
Woori Bank plans to sue 3 foreign banks in a New York federal court due to improper sale of risky derivatives that caused it to incur heavy losses.
CCB says Bank of America deal won't affect development
A China Construction Bank spokesman said that Bank of America's decision to sell most of its CCB shares will not affect CCB's development.
VIB launches foreign direct investing service
VIB became one of the first commercial joint stock banks to offer packaged banking products and services for the Financial Supervisory Service...
Tinnghiabank's gold deposit interest rates now over 3%
TinNghiaBank increased its interest ratesfor gold certificates to 3.1%, and up 0.4% from the bank’s previous level.
The power of analytics on the financial industry
The impact the global financial crisis had on financial services has been well documented; however one of the most interesting insights it revealed...
India, Myanmar must conclude banking cooperation to boost trade: CII
India and Myanmar should conclude an agreement on cooperation in banking and financial services to boost flow of two-way investment and trade.
Bank Rakyat favored by 3 brokerages
Three brokerages nominated Bank Rakyat Indonesia as their top pick for banking stocks due to strong profitability from its key businesses.
Korea's Eximbank raises US$612 M through sale of Uridashi bonds
The Export-Import Bank of Korea raised US$612 million by selling "Uridashi" bonds in Japan.
BNP Paribas dealing to buy out Indian broking partner
BNP Paribas is negotiating to but out its Indian partner Geojit Financial Services in an institutional broking joint venture.
Commerce chamber in India wants stock brokers to run banks
The Associated Chambers of Commerce and Industry insists that stock broking firms should be permitted to operate banks.
Korean banks end financing for entrepot trade with Iran
South Korean trading firms have been barred from engaging in entrepot trade related to Iranian firms as local state-run banks suspended trade...
Korean banks to be required park cash reserves for bank bonds
Korean banks will be required to put aside cash reserves for won-denominated bonds that come due in less than two years.
CIMB's new product allows clients to trade shares online
CIMB Bank launched its CIMB Trader Deposit Account, a combination of savings deposit with a securitised direct share trading account that allows...
OCBC and Lion Global ink deal to launch new unit trust
The trust intends to provide positive returns and has an investment time frame of five years.
CIMB Offers Online Will Writing
CIMB Bank Bhd and CIMB Islamic Bank Bhd recently launched "Wills Online", making it the first bank in the country to offer conventional and Islamic...
Korean banks burdened by malpractices
The banking sector suffered the most among financial firms on account of irregularities caused by employees, reports Yonhap News.
List of banks to handle Oilbak's IPO narrowed down
Hyundai Oilbank, South Korea's smallest crude oil refiner, has narrowed down a group of banks to handle its up to $2 billion IPO planned for early...
Thought Leadership Centre
In Association with
Most Read
1. Revolut Singapore hits first year of net profitability in 2024 2. CIMB pledges S$2.98b to support Johor-Singapore SEZ 3. How embedded finance and AI are reshaping Malaysia’s finance sector 4. DBS and OCBC expected to report lower margin in Q1 on SORA easing 5. Union Bank of the Philippines ‘aggressive’ growth strategy brings more problem loansResource Center
Read Here
Advertise
Sign Up
Awards
Jul
03
Jul
03
Jul
08
Event News
Cards & Payments
Compliance and legacy systems stall B2B payment shift
Retail drives digital payments as B2B adoption lags.
Commentary
The Asian connection: China's path to sustainable growth