News
Bank of China forms agreement with MoneyGram International
Bank of China forms agreement with MoneyGram International
Deal will skyrocket MoneyGram's China presence as its services will be available in lender's 10,000 branches.
EON Capital requests Bank Negara's nod for negotiations
Talks with Hong Leong for possible acquisition of its assets and liabilities are not yet finalised.
Indian central bank's push for rate cut resisted
Banks cite cost mismatch as reason to reject RBI's planned regulation of cutting home loan rates.
StanChart China approved to be bond market maker
Regulator OKs lender's interbank bond market operations as China aspires developing its financial markets.
Korea Development mulls bidding for Siam City
Move is KDB's response to Korean President's pressure to boost competency of state-owned banks by privatisation.
Siam Commercial plans opening China operations in 2011
Lender targets profiting from Chinese small and medium enterprises as it ventures in the country.
South Korean regulator considers suing Kookmin Bank
Bank apologizes and promises punishing those involved in leaking of memo regarding a regulatory investigation.
India banks ask interest rates to be stabilised
Bankers said the fall in loan growth below 10 percent may be aggravated once RBI increases rates.
Industrial Bank of Taiwan mulls investing in China
IBT plans to put up a trust company specialising in securitising assets.
DBS eager to increase operations in Asia
Economic recovery and new CEO prompts lender to expansion that could increase earnings by 26 percent.
Korean banks can expect higher profits this year
Measures taken by the government and central bank proved to be successful in hampering NPL growth.
Commonwealth Bank of Australia plans aggressive Asian expansion
Lender wants acquisitions and formation of strategic partnerships focusing on Indonesia, China and Vietnam.
China Construction Bank and Santander eye tie-up
The joint venture intends to install 100 village banks in China with $439 million initial capital.
State Bank of India to beef up workforce
Lender plans employing 25,500 personnel this year.
BEA complies with China's data centre requirement
BEA China became the first locally-incorporated foreign bank in China to open a data centre.
DBS secures licence for Vietnam branch
DBS Bank will set up its first branch in Ho Chi Minh City, Vietnam this year after receiving regulatory approval.
Reported investigations and resignations put Alliance in the spotlight
Speculations simmer down as bank's statement denied rumors of large-scale shakeup.
Thought Leadership Centre
Most Read
1. Payment failures cost Singapore merchants $12b annually 2. Singapore's big 3 banks pivot to wealth as margins shrink 3. HSBC and HSBC Life sign Humansa MOU for HNW health planning 4. Citi targets APAC insurance investments with new senior hires 5. OCBC and Australian High Commission sign 5-year pact to boost SEA–Australia tradeResource Center
Read Here
Advertise
Sign Up
Event News
It is wading downstream from mortgages to lend to developers, hardware stores, and the likes.
Commentary
Asia’s 20% advantage: The simplification strategy rewriting banking from Singapore to Shanghai
Perth is emerging as an unlikely testbed for the future of global finance