News

ANZ posts 6.2% cash profit increase

ANZ posts 6.2% cash profit increase

ANZ posted a 6.2 percent rise in first quarter cash earnings.

Sumitomo enters into deal with Turkey’s largest bank

Sumitomo Mitsui Financial Group and Garanti Bank will cooperate on trade financing.

China attends first FSB meeting in Switzerland

FSB passes Articles of Association and the Procedural Guidelines.

India amends DTA pact with Sweden

India and Sweden have signed a protocol to amend the existing double taxation avoidance pact between the two countries.

Commonwealth Bank of Australia credits retail biz for 1H profit

The Commonwealth Bank of Australia posted a half-year profit of US$3.78 billion.

ING to sell stake in Korea's KB Financial

ING is looking to divest several businesses in Asia, including its stake in KB Financial.

BPI's profit growth predicted to slow sharply

Blame it on high base from trading gains.

Singapore banks weakest in Asia

Earnings to barely grow 2% YoY.

Kasikornbank to be the most profitable bank in Thailand

Thanks to its strong fee base and falling cost structure.

Here's why you should switch from BRI to Mandiri

Mandiri had compelling expansion in micro and consumer lending.

Commonwealth Bank reports slight profit increase

Half-year profit inched upward by just 1% to $3.66 billion.

Aussie banks see limited growth in China

Lack of strategic options leads banks to reconsider additional investments in China’s banking sector.

5 investment positives for KB Financial Group

Find out why 2013 will be a good year for KBFG.