News
ICBC loses Goldman Sachs investment
ICBC loses Goldman Sachs investment
US investment firm makes US$1.1 billion by selling remaining ICBC shares.
AgBank VP fired for taking huge bribes
Yang Kun is highest-ranking bank executive to be investigated for corruption.
Urgent action needed to solve China’s massive debt problem
Inaction could result in a damaging hard landing for the economy.
Forced sale of NPLs to AMC will push through
Vietnam will compel banks to sell bad debt to new Asset Management Company.
Islamic banking conference to be held in Singapore
Leading industry players to meet June 3 to 5.
RBI should regulate all home loans
State Bank of India sees no need for a separate regulator.
RHB Thailand raising capital for expansion
Remains intent on asset acquisition to fuel expansion.
Galaxy Securities takes in US$1.07 billion from HK IPO
It’s one of Hong Kong’s largest deals since late 2012.
Aussie banks' earnings feared to slow in 2014
Operating environment is likely to deteriorate.
5 signs that ICBC will outperform in 2013
It has defensive profitability and pricing power.
Chinese banks threatened by sixth straight quarter of rising NPL since 2011
NPL ratio rose to 0.96% by end-March.
CIMB intent on buying Philippine bank
CIMB's acquiring a 60% stake in Bank of Commerce.
Here's how Commonwealth Bank's business segments fared in 1Q13
Guess which funds grew by 4%?
PBOC closes WMP loophole
Loophole used by non-bank financial institutions to hide WMP risks.
Heavy penalties for Singapore banks that facilitate tax evasion
New law takes effect in July.
2 key negative catalysts for China banks
Barclays believes these are well flagged.
Commonwealth Bank reports unaudited cash earnings of ~$1.9b in 1Q13
Group liquids were at $130b.
Commentary
APAC has mastered domestic payments. The next challenge is connecting them.
Why fragmented communications are becoming a hidden governance risk for Asia Pacific banks
From automation to agency: Asia’s wealth leaders can reinvent, not just streamline
Singapore aced its FATF evaluation — now comes the hard part
Are Asia’s digital banks prepared for the stablecoin era?
Why APAC is building home-currency stablecoins
Why Southeast Asian wealth managers must design the business before buying the technology
Why trust in Asian banking increasingly gets built off the record
Hong Kong cleared stablecoins for take-off. Getting them to work across Asia is the hard part
The financing challenge behind Asia’s wealth transfer