News
Deutsche Bank to boost global transaction banking services in Indonesia
Deutsche Bank to boost global transaction banking services in Indonesia
Move due to Indonesia’s rising investment and strong domestic consumption.
Merger could follow Bank Danamon takeover
Bank Danamon to merge with Bank DBS Indonesia if deal pushes through.
Sumitomo Mitsui to open bank branch in Perth
Expansion into Western Australia driven by need to support Japanese firms.
Chinese money supply exceeds RMB100 trillion for the first time
It reached RMB 103.61 trillion in March.
Faster financial reforms needed to curtail shadow banking danger
Rising risks from shadow banking make this urgent.
CIMB focuses on equities for growth
This is part of its plan to become a leading pan-Asian investment bank.
Citi launches new information technology technology called Open Ai
Learn what it can do for alternative investment clients.
Overseas Indian banks post high credit growth
Growth stood at 27% 2011-12 compared to foreign banks operating in India.
India to issue new bank licensing guidelines in May
Find out what it means for banks.
Indian banks boosting overseas staff
Number of employees working abroad rose 6.1% in fiscal year 2011-2012.
CIMB launches its investment banking business in India
Devesh Kumar will lead the 60-strong team in India.
BPI sees strong business growth in Q1
The second largest bank says growth will be driven by the Philippines’ strong economic performance.
Indonesia banks' loan growth likely to jump 23%
But profit may be disappointing.
Citi Philippines has new head
Batara Sianturi is the new Citi Country Officer for the Philippines and the Philippines/Guam Cluster Head.
Shadow banking sector now 60% of China’s GDP
Fitch Ratings warns shadow banking is stoking instability in the banking sector.
Over 100 firms vie for new Indian banking licenses
Rules on new banking licenses continue to confuse, however.
SBV to double capital to US$479 million
Central bank wants to better stabilize Vietnam’s troubled banking sector.
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