01/23/2014

‘Challenges remain’ for CIMB group

CIMB Group Holdings Bhd is expected to see its recently acquired banking business of Royal Bank of Scotland Group plc’s Asian operations to only break even in second-half of this year.

01/23/2014

Advisers should train to fight tax evasion: FPA

The Australian Transaction Reports and Analysis Centre should train financial advisers on identifying and avoiding cases of tax evasion and money laundering, the Financial Planning Association said.

01/22/2014

DBS in talks to buy private bank

It was unclear how much Southeast Asia's biggest lender would be willing to pay for the bank, but previous estimates from financial sources have valued it at between $300 million and $400 million.

01/21/2014

Standard Chartered back atop takeover target list

Now this UK-based commercial lender specialising in Asia, Africa and the Middle East is back at the top of the list for many investment bankers and analysts as the most likely target of a big banking takeover.