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StanChart Korea finds itself in hot water
StanChart Korea finds itself in hot water
Three state regulators took turns putting the squeeze on Standard Chartered Bank Korea.
CIMB Group's net profit up 7.8% to ~USD1.4b
Check out how CIMB fared YoY.
Hong Kong banks' earnings to only grow 5% in 2013
Blame it on abundant liquidity conditions exacerbated by weaker loan demand.
Indian banking system won't recover until 2015: S&P
Banks will need significant amounts of capital to meet Basel III norms.
Hong Leong Bank's net profit up 25% to ~USD317m in 1HFY13
It's 52% of the Street’s full-year estimate.
Japanese banks' exposure to government bonds exceeds Tier 1 capital by four times
But they're still resilient against interest rate risk.
Look at what the Indonesian banks are doing for the first time in a decade
They're expanding beyond their "core" lending segments.
ICBC's profit surged 69% to US$54m in Dubai
Thanks to stronger trade between China and Dubai.
RBS starts shutting down in India, to lay-off 1,000
RBS will be laying-off some of its 1,000 employees as it winds down retail and commercial business in India.
Vietnam bank profits shrink in 2012 due to loan loss provisions.
Many Vietnamese banks failed to achieve their profit targets in 2012 due to bad loans.
Malaysia to reform Islamic banking industry
Goal is to double Islamic banking’s market share to 40%.
Zhou to stay on as central bank boss
Media reports are swirling that Zhou Xiaochuan will keep his job.
Maybank ups Q4 profit by 16% on higher loans, fee income
Maybank reported a 16 percent rise in quarterly profit, bolstered by higher net loans, advances and fee income.
Indonesia to allow state lenders to own multiple banks
Indonesia may allow state banks to have majority ownership of more than one lender.
Indonesia should strictly limit foreign ownership in its banks
The limit should be 49% and not 99% as proposed.
AmBank Group's pre-tax profit up in Q3
The AmBank Group experienced a surge in pre- tax profit for the third quarter ended Dec 31, 2012 to to RM504.31 million.
India urges China to broaden banking ties
Its aim is to reduce financial barriers in order to create a more conducive environment for companies.
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