03/11/2019
China’s biggest lender starts local operations
This comes after the China-based lender registered with the Securities and Exchange Commission in August last year and secured a banking license from the central bank in November.
Retail Banking
03/11/2019
Global Retail Banking Market Trend 2019 – BNP Paribas, Citigroup, HSBC, ICBC, JPMorgan Chase, Bank of America, Barclays
The report offers a comprehensive evaluation of the market.
03/08/2019
ABN AMRO strengthens support for its Corporate & Institutional Banking clients with branch opening in Australia
With the Sydney branch, ABN AMRO offers these clients on-the-ground expertise and services supported by access to a global sector bank."
03/07/2019
Mandiri eyes deal for US$2 billion StanChart-backed rival
It is considering buying control of Permata and then merging the lender with Mandiri itself or its unit PT Bank Mandiri Taspen, known as Bank Mantap, the people said.
03/07/2019
Kenya bank to open office in China to facilitate Sino-Africa trade
The regional bank also plans to introduce Chinese yuan in all its countries of operations by the end of the year
03/05/2019
CitySavings completes merger with PR Savings Bank
PR Savings Bank will cease to exist after this merger
03/05/2019
Indonesia to see more mergers, acquisitions of banks this year
The high number of banks poses a difficulty in supervision for regulators, particularly the Financial Services Authority
03/01/2019
Malaysia's CIMB logs 5.4 pct bump in Q4 profit on commercial banking boost
The bank expects loan growth for this year to be around 6 percent, and is optimistic about operations in Malaysia and Indonesia.
03/01/2019
New interim CEO of Australia's NAB expects "obsession" with customers
His first day in the top job coincided with the arrest of a former supplier who is accused of defrauding NAB of millions of dollars.
02/28/2019
Aussie bank among world’s ‘most ethical’
The citation from Ethisphere Institute covers three of the bank’s four brands: Teachers Mutual Bank, UniBank, and Firefighters Mutual Bank.
02/28/2019
NAB to slash up to 180 jobs amid company overhaul
NAB said the restructure was designed to better align rosters with customer banking habits.
02/27/2019
Standard Chartered: Retail Banking or Wealth Management?
Over the same period, the private bank widened pre-tax losses from $1 million in the previous year to $14 million in 2018
02/26/2019
Japanese banks tap the brakes on Asian expansion
MUFG and Sumitomo Mitsui focus on quality rather than quantity of loans
02/21/2019
Ken Henry excluded from NAB CEO selection committee
The selection committee to recruit a new chairman will be chaired by director, David Armstrong while the CEO selection committee will be chaired by Ann Sherry.
02/20/2019
Welcome to the CEO killing season
Depending on your perspective, some booted CEOs are either getting their just desserts for poor performance, or are being made scapegoats by boards looking for excuses.
02/20/2019
NAB chief Andrew Thorburn to get $1m farewell as he heads for the exit
Governance expert Dean Paatsch, of Ownership Matters, said Mr Thorburn would miss out on shares worth about $1 million that were granted to him last year as a bonus.
02/20/2019
Hua Nan Financial to diversify income sources
The group would hire more financial professionals to improve personnel quality toward the end of the year, Wu said.
02/19/2019
Common standards needed to globalise Islamic finance
He recalled that Bank Negara Malaysia had signed a memorandum of understanding with the regulatory authorities of Qatar and Dubai in 2007 to promote mutual cooperation.
02/15/2019
“Startling result”: NAB worst hit as bank trust plummets in the wake of the royal commission
The findings were taken in the immediate aftermath of Kenneth Hayne’s final banking royal commission report and are drawn from Roy Morgan’s research database.
02/15/2019
China's banks throw open spigots in January, lend record 3.23 trillion yuan
That will be welcome news for policymakers, who have been struggling to get money to the private sector