Retail Banking
Korea Exchange Bank union warns of strike
Korea Exchange Bank union warns of strike
Workers plans to stop takeover by Hana as it will probably implement a massive reorganization that involves downsizing.
EON Bank to proceed with expansion despite takeover saga
EON Bank Bhd is going ahead with its expansion plans this year despite being caught in the middle of a takeover saga.
Sri Lanka's Amana gets commercial banking licence
Sri Lanka's Amana Bank ATL.CM on Wednesday said it had received central bank approval to start the island nation's first Islamic commercial bank.
HSBC global HQ stays in UK
The chairman of HSBCannounced that they will keep their global headquarters in London.
CITIC opens Singapore Branch
CITIC Bank marks a major milestone in implementing regional expansion strategy with the opeing of its Singapore branch.
Bank of Korea likely to proceed with policy normalisation
With inflation continuing to inch higher towards the pre-crises level, BOK is expected to proceed with its policy normalisation.
QNB's Bank Kesawan acquisition concluded
QNB Group announced Thursday a conclusion of a rights issue process for its acquisition of Bank Kesawan shares. QNB now owns a controlling 65.59...
DBS plans putting up India subsidiary
DBS India will go retail with savings bank account, as it awaits RBI's final guidelines on foreign banks.
Woori, Shinhan, Hana bid for Samwha Mutual Savings
Korea’s regulator suspended Samwha’s operations for six months, after it failed to meet capital requirement levels.
ICICI Bank targets 500 branch openings yearly for 2-3 years
The lender’s CEO is set to be honored by the Indian government with the Padam Bhushan to recognize his leadership skills.
Competition regulator chief wants ANZ chief's prosecution
Samuel alleged Smith had engaged in price signalling when the latter said ANZ might increase its interest rates over and above the level imposed by...
Bank Rakyat Indonesia forecasts 2010 profit up 15%
Yet BRI’s $922mn estimated profit might fall second to Bank Mandiri’s $942.35mn.
Hua Xia Bank forecasts 50% 2010 earnings growth
Hua Xia Bank forecasts its 2010 net profit will grow 50 percent year-on-year from US$570.9 million in 2009.
ICBC to buy 80% stake in BEA US branch
Industrial & Commercial Bank of China intends to spend $140 million to acquire an 80 percent stake in The Bank of East Asia's American branch.
JP Morgan Chase ups stake In ICBC
JP Morgan Chase raised its stake in Industrial and Commercial Bank of China.
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