04/01/2014
Sri Lanka's central bank said it had approved in principle mergers among a few banks and non-bank lenders, in a regulator driven bid to build a financial sector made up of fewer, larger firms.
03/31/2014
Chinese authorities have seized assets worth at least 90 billion yuan from family members and associates of retired domestic security tsar Zhou Yongkang, who is at the centre of China's biggest corruption scandal in more than six decades
03/31/2014
Commonwealth Bank wants the same laws governing banks to be extended to so-called "shadow banks" and to new finance technology companies, suggesting the status quo is exposing traditional banks to additional risks.
03/28/2014
The Philippine central bank left its policy rate steady on Thursday, as expected, after it lowered its inflation outlook but analysts say tightening is on the cards as growth stays resilient and with possible upside risks to prices.
03/28/2014
China will further improve management and tax policies for the Qualified Foreign Institutional Investor programme to attract more foreign investment into the country's capital markets, the securities regulator said on Friday.
03/24/2014
Controversially, banks including HSBC and Standard Chartered are rejecting companies and trusts registered in the British Virgin Islands and Cayman Islands, say senior executives at Hong Kong corporate services companies