Wholesale Banking

India's ICICI, HDFC Bank to be treated foreign

RBI and other local banks appealed for government’s new policy on overseas investment but were rejected.

India's ICICI, HDFC Bank to be treated foreign

RBI and other local banks appealed for government’s new policy on overseas investment but were rejected.

No Philippine bank big enough to fail

Central bank pledged vigilance over possibility of future crises by ensuring large banks are adequately capitalized.

ANZ to increase stake in Indonesia and Laos

Lender in discussions with PT Panin and ANZ Vientiane Commercial to obtain almost 100% ownership.

Woori Finance CEO says privatization seen in 2010

KB Financial and Hana Financial possible suitors should Korea approves privatization process in second half 2010.

National Australia Bank to bid for RBS assets

NAB faces competition with Banco Santander and Virgin Money for takeover of 84% of RBS.

Bank Rakyat Indonesia 2009 net up 23%

27% loan growth and 17% net interest income surge boosted lender’s net profit that beat expectations.

Mark Robinson appointed ANZ’s South, Southeast Asia CEO

Banker was former Citigroup’s chief in South Asia.

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...