In Focus
Standard Chartered: nine straight years of profitability
Standard Chartered: nine straight years of profitability
A continuing focus on the rest of the world again pays off big for Standard Chartered plc.
What you need to know about Indonesian banks
Fitch expects lower but still healthy loan growth in 2012 - but how healthy is it?
Malaysia to permit more foreign bank ownerships
The country seeks to triple its financial sector by the end of this decade.
HSBC to sell its Japanese private banking business
But to which company will HSBC be selling it to?
What you need to know about Singapore banks
So loan growths are expected to moderate significantly in 2H12, but which bank remains a relative outperformer in uncertain times?
Four Aussie banks to get sued for exorbitant fees
Four Australian banks will face a class suit for charging exorbitant fees.
Will UBS and Citigroup be punished in Japan?
Their employees allegedly asked bankers to change rates they submit for setting Tibor to gain an advantage.
KEB union warns walkout if merger takes place
Many KEB workers hit Hana chairman for trying to pacify angry sentiment over the FSC’s alleged endorsement of the Hana-Lone Star deal.
Singapore banks slash job perks for expats
Blame it on supply and demand as more senior bankers now want to have Asia experience on their CV.
Nomura Holdings slashes EU assets by 83%
The debt crisis caused Japan’s largest brokerage to reduce its assets in Italy.
RHB Capital may issue stocks to pay for OSK Holdings
RHB may issue new shares equivalent to as much as 10 percent of its existing equity to pay for the unit, according to Bloomberg.
Asian banking capitalization better than before: Malaysian central bank governor
Asia's financial institutions can cope with possible global financial meltdown caused by Europe's debt crisis due to its good capitalization, according to the governor of Malaysian central bank.
Singapore banks warned on threats from foreign currency loans
The central bank warns of a sudden spike in global risk aversion that can hurt the Singapore banking system.
Chinese banking regulators warn lenders on risks from unprofitable gov't projects
And worse, loans to property developers are doomed to sour as sales slow.
Temasek and Khazanah hire banks for S$5b property development loans
Eight lenders will contribute to the five-year bullet facility, according to Bloomberg.
Temasek may buy BofA's shares in China Construction Bank Corp
But Temasek’s spokesperson neither confirms nor denies the ‘market speculation'.
Mitsubishi UFJ raises full-year profit target by 50%
The Japanese bank's gain from conversion of shares in Morgan Stanley drove the profit target increase.