Wholesale Banking

People's Bank of China names 3 new advisers

Economists Zhou Qiren, Xia Bin and Li Daokui are expected to bring in hawkish view.

People's Bank of China names 3 new advisers

Economists Zhou Qiren, Xia Bin and Li Daokui are expected to bring in hawkish view.

China Construction Bank Q4 profit up to $3bln

Careful choice of projects last year can make performance this year better than peers.

MCB Bank to acquire RBS Pakistan

MCB Bank Limited will acquire 99.37 percent of the ordinary share capital in The Royal Bank of Scotland Limited from its major shareholder and sponsor...

Can CIMB manage the daunting task of promoting Islamic finance?

Badlisyah Abdul Ghani, CEO of CIMB Bank speaks to Bryan Camoens and Mirzan Mansoor about the bank’s strategies to circumvent the challenge of lack of...

Eliathamby and others appointed to Maybank board

Maybank appointed Mr. Sreesanthan Eliathamby, Dato’ Johan Ariffin, Mr Cheah Teik Seng and Mr Alister Maitland to its Board of Directors effective 26...

Sound basics help Alliance bring up profit by 21%

Alliance Financial Group recorded a quarter on quarter improvement of 21 percent with an operating profit of US$33.2 million for the second quarter...

"We don't need your guarantee": ANZ

Aussie Banks ready to wean themselves off the government guarantee on wholesale bank lending, ANZ Chief Mike Smith says.

Hedge funds ready to short the Aussie banks again

Regulators have lifted the ban on short selling bank stocks in Australia, and not surprisingly the prices fell.

Now everyone wants to sell their China Construction Bank stakes

Just days after buying CCB shares from Bank of America, China Life Insurance chief Yang Chao says he would consider selling the shares.

HSBC acquires 88.89% of Bank Ekonomi

HSBC Limited has completed its acquisition of 88.89 percent of Bank Ekonomi for US$607.5 million. The deal was coursed through its wholly-owned...

Philippine banks in better shape than others in region: Moody's

The credit stress due to economic recession in the Philippine banking system is low relative to other Asian countries, according to Moody's.

DBS not the only bank pulling out of HDFC

It may not have made any money on the sale of its 2.7 percent stake in HDFC for $263 million, but it wasn’t alone heading for the exit door.

Maybank completes record-breaking rights issue

Maybank became one of the best capitalised banks in Asia following the successful completion of its rights issue exercise on shares of Bursa Malaysia...

After failed insurance bid, BDO still wants cash

Fresh from raising US$61 million through a note issue, the Philippines’ largest bank says it wants to raise a further US$165 million through a rights...

Temasek could face pressure on ICICI stake

India’s ICICI bank may face being labelled a foreign bank following changes to the country’s rules, and this could put pressure on its largest...

Malaysia's Islamic banks targets of foreign takeovers

Goldman Sachs Islamic Bank, anyone? It may seem the most unlikely of partners, but new banking liberalisation laws in Malaysia will let foreigners own...

BNP Paribas ups stake in joint subsidiary with Shihan

BNP Paribas Assurance has increased its equity interest in SHC&Life Insurance from 50 percent to 85 percent.