05/19/2016
Announcing the 3 months 2016 results, Gary Crist, Chief Executive Officer of Ageas Asia commented: "Ageas Asia's 3 months 2016 results were marked by continued strong performance in the region.
05/18/2016
Shares of Indonesia's Bank Permata surged as much as 14.3 percent on Thursday as traders speculated that Bank Negara Indonesia may buy a stake.
05/18/2016
Punjab National Bank on Wednesday reported a net loss of Rs 5,370 crore in the March quarter.
05/17/2016
Slowing overseas economies hit the banks hard.
05/16/2016
The Tokyo-based companies are the first of Japan’s three biggest banks to indicate how earnings this fiscal year will be dented by the Bank of Japan’s January decision to start charging lenders for some of their excess reserves parked at the i
05/16/2016
“The achievements we had in the previous year give us the momentum to further pursue our mission of empowering Filipinos and help them become financially secure,” he added.
05/16/2016
Gains in the yen and a smaller contribution from the bank’s investment in Morgan Stanley were also factors
05/12/2016
There is a bright side for AMP, however, with the group foreseeing an uptick in demand for its services.
05/12/2016
At a time when most Indian banks profitability has been marred by high levels of bad loans and provisions
05/12/2016
Metropolitan Bank and Trust Co. grew its first-quarter net profit by 3 percent year-on-year to P5.25 billion on higher interest income and treasury gains.
05/12/2016
The Asia Pacific chief executive of Credit Suisse, Helman Sitohang, said in a conference call on Thursday that the bank is to increase its headcount in the region as it hires wealth managers and adds selectively in the investment bank.
05/10/2016
In the 31 March 2016 quarter, CBA saw its loan impairment expense climb higher to $427 million, equating to 25 basis points of gross loans and acceptances for the quarter.
05/10/2016
Meanwhile, Saudi Arabia, United Arab Emirates and Kuwait ranked third, fourth and fifth with scores of 66.98, 36.68 and 35.51 respectively.
05/05/2016
The bank is well on its way to achieve its 1200 branch network by March 2017 as it has already got an active network of 1000 branches as of March 2016. But Sobti said despite digitisation, the bank will continue to add branches.
05/05/2016
NAB's Wealth division did particularly well in the half-year
05/04/2016
Real estate management fees grew 19% YoY to $5.8m in Q1, thanks mainly to higher property management fees received.
05/03/2016
Chief Executive Officer Sergio Ermotti, 55, who has shifted the bank’s focus away from investment banking in favor of wealth management, is struggling with market volatility that led to a slump in trading across the firm.
05/03/2016
HSBC has posted a sharp drop in profits for the first three months of the year after it was hit by "extreme levels of volatility" in financial markets in January and February.
05/03/2016
DBS’ wealth management division has posted a substantial 47% quarter-on-quarter increase in net fees and commission income for the arst quarter of 2016
05/03/2016
The big earnings drop at ANZ, the only major Australian bank with a large presence in Asia, also comes in an election year when banking sector misconduct is a hot issue following a series of scandals including insurance fraud and rate rigging.