Wholesale Banking

SMBC launches commercial banking business in India

Says it was encouraged by India’s high growth potential.

SMBC launches commercial banking business in India

Says it was encouraged by India’s high growth potential.

Citi names Stewart Aldcroft CEO of CitiTrust

According to a release, Citi has appointed Stewart Aldcroft as Chief Executive Officer of CitiTrust Limited (CitiTrust). In this role, Stewart will...

3 practical steps Asian banks can take to respond to regulatory change

The ongoing Libor scandal is one of the most serious breaches of control in an industry where risk and compliance failures are routinely front page...

StanChart expects doubled profit for wholesale banking division

Targets US$10 billion in profits over the next four years.

Indonesia's BTPN to finance expansion with bond sale

Bank Tabungan Pensiunan Nasional hopes to raise Rp 750 billion ($77.5 million) from selling bonds. The Jakarta-based lender will offer the notes to...

Indonesia's PNM to sell $103-M in bonds to fund expansion

Permodalan Nasional Madani plans to sell Rp 1 trillion ($103 million) worth of bonds to finance its expansion.

United Bank of India to get capital infusion

The United Bank of India will likely get Rs 100 crore fund infusion through share issuance to the government.

Indonesia's BCA raises $207-M from stake sale

Bank Central Asia raked in $207 million from treasury stock sale to the Credit Suisse Group in Hong Kong.

Vietnam's banks see rising assets

Vietnam's domestic banks are recovering thanks to an increase in assets.

Vietnam's central bank calls for healthier banking system in 2013

Vietnamese banks were firected to implement policies in ensuring healthy operations of the banking system in 2013.

Bank Mandiri to sell stake in small Bali bank

Bank Mandiri will sell part of its stake in Bank Sinar.

Top Vietnam banks eye merger in 5 years

Vietnam's Eximbank and Sacombank will sign a cooperation agreement to merge in the next 3-5 years.

Bank DKI to get $47-M capital infusion

Bank DKI will receive a Rp 450 billion ($47 million) capital injection from the city of Jakarta.

HKMA to consult banks about phases-in LCR

Wants banks not to weaken liquidity to comply with Basel III.

DRB-Hicom to dilute Bank Muamalat stake in 6 months

DRB-Hicom Bhd is hoping to partially divest its 30 percent stake in Bank Muamalat in six months.

Mandiri gets majority stake in new Indonesian lender

A new lender will be created by two Indonesian companies this year.

Indian banks seek relief from liquidity squeeze

Look to the Reserve Bank of India to conduct OMOs.