Managers of Wealth Asia Pacific

Standard Chartered suffers third-quarter profit fall

It also plans to cut an additional $400m in costs for 2015.

BDO says Q3 net income up 41% on commercial banking business

BDO Unibank Inc. on Monday said it is on track to meet its full-year target after booking P5.7 billion in net income in the third quarter, propelled mainly by the business generated by commercial banking operations.

ANZ’s Inadvertent Data Release Shows Second-Half Profit Rose 3%

Australia & New Zealand Banking Group Ltd. (ANZ) posted a 3 percent gain in unaudited second-half earnings, bolstered by its local business unit, according to data inadvertently released by the lender.

Bank Rakyat Q2 pre-tax profit at RM1.109b

Retail banking contributed about 90% to the bank’s financial performance

Maybank BII operating profit jumps 6.7pc

The global banking client re-segmentation shows encouraging result

Kotak Mahindra Bank Q2 net profit up 26% at Rs 718 crore on higher other income

Net interest income, the difference between interest earned on loans and interest paid to depositors, rose 12.4 per cent

India's HDFC Bank Q2 profit up 20 pct

HDFC Bank Ltd, India's second-biggest private sector lender by assets, on Tuesday reported a 20 percent rise in quarterly net profit, lagging estimates, due to higher tax expenses and provisioning for loan losses.

Axis Bank Q2 Net Profit Jumps 18%

Axis Bank, the third largest private sector bank after HDFC Bank and ICICI Bank, posted 18 per cent rise in net profit in the quarter ended September 30 helped by demand from retail borrowers.

Bank Rakyat expects to achieve 7% loan growth in 2015

The demand for retail banking sector is there, it is a stable segment

NAB takes a $1bn hit

NAB expects its cash earnings for the year to September 30 to be between $5.1 and $5.2 billion, down from $5.94 billion a year ago.

Maybank's Muzaffar expecting another 'record year'

The projection is in view of the positive numbers recorded so far this year, which are poised to continue into the fourth quarter, should there be no “major surprises”.

Europe makes more for Hutchinson Whampoa than China, Hong Kong

Europe has generated more profit for Hong Kong-based Hutchison Whampoa, a subsidiary of Cheung Kong Holdings, during the first half of this year than the profit earned by both China and Hong Kong

ASX celebrates record revenues

ASX chairman Rick Holliday-Smith has used his annual general meeting to celebrate what he called the company's "record revenues and earnings", and to urge shareholders to vote in favour of chief executive Elmer Funke Kupper's remunerat

Bank Islam Expects 20 Per Cent Growth In Financing This Year

Bank Islam Malaysia Bhd, the nation's first Islamic Bank, expects a 20 per cent growth in its financing activities this year

Innovation as a core strategy for Allianz in Asia-Pacific

The Financial- Allianz in Asia-Pacific delivered a strong set of results in the first half of 2014.

Kiwibank profit hits $100 million

The bulk of the profit was made up by the Kiwibank Banking Group (“Kiwibank”) which achieved an after-tax profit of $100 million, an increase of three per cent over the previous year’s profit of $97 million.

Equity Trustees lifts profit 12%

Equity Trustees after tax profit rose 12% for the full year following the acquisition of ANZ Trustees.

ICBC Profit Grows at Slowest Pace Since 2009

ICBC, China's Largest Lender, Posts Profit of $24.1 Billion in Latest Period

Maybank Profit Growth Eases as Investment Banking Business Slows

Malayan Banking Bhd., Malaysia’s biggest lender, said profit rose at the weakest pace since 2009 last quarter as a slowdown in its investment banking business countered gains from loans growth.

First-half profit growth slows at Agricultural Bank of China

Agricultural Bank of China Ltd. reported the slowest first-half profit growth since it went public in 2010, while its bad-loan level picked up as the country's economic growth slows.

Retail Banking