News

Tencent applies for private banking license in China

Application being assessed by the China Banking Regulatory Commission.

Singapore keeping wary eye on Indian banks

Concerned about their weakening asset quality.

2 forthcoming reforms for China banks revealed

It includes interest rate and RMB internationalization.

OCBC unveils a 6-storey headquarters in China worth a staggering RMB1b

It's the first Singapore bank to own a headquarters in China.

Why Korean banks will remain under pressure

New measures to hold up margins, fees.

China bank lending increases 6% in August

But growth will likely moderate towards yearend.

ICBC, Western Union deal to benefit 400 million ICBC customers

Also launch program allowing international bank transfers from 23 countries.