12/23/2014
PKR MP Wong Chen’s observation of currency gains made by 1 Malaysia Development Bhd through its offshore accounts in the Cayman Islands validates its concern over foreign exchange fluctuations
12/23/2014
Weak sentiment in China halted a four-day rally in emerging market stocks on Tuesday, though there was no stopping the resurgent rouble as steadier oil and central bank muscle-flexing lifted it to a two-week high.
12/20/2014
A.M. Best has affirmed the financial strength rating of A+ and the issuer credit rating of “aa-” of Sovereign Assurance Company Limited
12/17/2014
Assets invested via Malaysia’s nascent Private Retirement Scheme have continued to rise, reaching 595 million ringgit as of the end of November.
12/16/2014
The number of Cayman Islands funds authorised in the city has fallen 30% this year against a rise in HK-domiciled funds.
12/15/2014
Bank of Singapore, the private banking arm of Oversea-Chinese Banking Corporation, is back on track to post double-digit growth for 2014, likely as much as 15 percent, said the Business Times, citing its outgoing chief executive.
12/15/2014
United Overseas Bank Bhd, a subsidiary of Singapore-based UOB Group, aims to grow its wholesale bank business revenue by 15 per cent in the next two years.
12/02/2014
Nikko Asset Management Tops NZ$4bn in AUM as Global Investors Eye New Zealand
12/01/2014
Net profit, meanwhile, was RM4.79 billion, marginally lower by 0.7 percent from the RM4.82 billion a year earlier, owing primarily to a higher tax charge.
11/26/2014
Maybank said its revenue was RM8.934bil compared with RM8.276bil a year ago. Earnings per share were 17.62 sen versus 20.05 sen.
11/25/2014
The banking group announced on Monday its revenue increased by 22.6% to RM937.17mil from RM764.09mil. Earnings per share were 7.36 sen compared with 11.57 sen. It declared an interim dividend of 15 sen.
11/21/2014
NAB's US business lifts profit
NATIONAL Australia Bank's US subsidiary Great Western Bancorp lifted its full year net profit nine per cent due to cost cutting and fewer bad debts.
11/21/2014
Natixis to Exceed Asia Growth Target in 2014, Mignon Says
Natixis, controlled by Groupe BPCE, France’s second-biggest lender by branches, expects revenue in the region to rise more than 20 percent this year,
11/17/2014
National Australia Bank has announced annual 2014 net profit of $5.3 billion, a 1.1% decrease from 2013.
11/14/2014
Net Profit Slips 5.2% From Year Ago During “Abenomics” Heyday
11/14/2014
Aegon’s new life sales in Asia almost doubled to €27m in Q3 2014, despite the company recording quarter by quarter drops in many of its other life divisions.
11/14/2014
Financial services major Reliance Capital today reported 20 per cent rise in its second quarter net profit to Rs 217 crore, helped by robust growth in mutual fund, commercial finance and general insurance businesses.
11/14/2014
Joint Stock Commercial Bank for Investment and Development of Vietnam, or BIDV
11/13/2014
Our results were highlighted by very strong sales from Asia, partially offset by some weaker results in Canada and the U.S.
11/12/2014
Maybank Islamic Bhd has generated nearly RM1bil in deposit growth in six months for its Premier Mudharabah Account-i since the launch of the Save & Drive Deposit Campaign in April.