10/29/2018
Maybank Indonesia sees higher nine-month profit
Maybank Indonesia recorded a loan growth of 7.8% to Rp131.2 trillion as at September 30, 2018 from Rp121.8 trillion in the previous year.
Investment Bank
10/23/2018
Bank of India shuts down operations in Jersey
The closure of overseas branches is part of the public sector banks’ efforts to wind up the unviable operations as per the instructions of the Finance Ministry.
10/22/2018
Bank of Singapore: Refining its Proposition, Enhancing its Added-Value
A veteran private banker, Bahren knows that the bank must keep evolving and re-inventing itself to continue its success in the wealth management universe of the future.
10/19/2018
Maybank Asset Management-BNY Mellon launches MAMG Asia Rising Stars Fund
The fund is a feeder fund that aims to maximise investment returns by investing in the BNY Mellon Asia Rising Stars Fund
10/19/2018
HSBC set to become first foreign firm to float on Shanghai exchange
The long-awaited London-Shanghai tie-up, first reported by the Financial Times this morning, is part of a wider effort on the part of Beijing to connect China’s bourse with partner exchanges in foreign markets.
10/18/2018
Bank of China Serbian arm posts loss in H1
Total operating costs amounted to 3.2 million dinars in the first half.
10/18/2018
Seven Banks Join Forces to Transform Trade Finance
The “Trade Information Network” aims to establish an inclusive industry standard in multi-bank trade finance
10/16/2018
NAB's profit to take $314 million hit out of banking royal commission
NAB said 69 per cent of its latest remediation costs would affect revenue, and the remaining 31 per cent will be reported as expenses.
10/16/2018
SMBC contractual offering unlikely to put Japan on covered bond map
Having fallen behind Singapore and South Korea, which both have approved formal covered bond laws, is the timing of Japan’s inaugural covered bond sensible?
10/14/2018
StanChart CEO says 'actively working' on Indonesian bank stake
StanChart reported a $215 million loss in 2016 from its stake in Permata, due to rising bad loans and restructuring costs.
10/12/2018
PS Jayakumar gets one-year extension as MD and CEO of Bank of Baroda
P S Jayakumar, an ex-citibanker turned entrepreneur, had joined Bank of Baroda in October, 2015. Jayakumar is a chartered accountant by qualification.
10/11/2018
ANZ says it is back in Asia
The bank has sold most of what it wanted to in the region, but faces some big costs at home.
10/09/2018
MUFG's Nobuyuki Hirano: Japanese banking's greatest hope
Companies that do not need to borrow and have to be coaxed to spend on anything that might require billable advice. Welcome to banking in Japan.
10/02/2018
World's Best Banks 2018: End Of Easing Street
Global Finance unveils its 25th annual listing of the best banks—globally, regionally and in 149 countries. Winners have outperformed their peers and shown the ability to adapt to rapidly changing conditions in the industry.
10/02/2018
LGT a cornerstone investor in China Renaissance
As one of three cornerstone investors, LGT acquired a USD 25 million stake in the business.
10/01/2018
OCBC Ends Plan to Sell Stake in Hong Kong Life Insurance
Closing conditions were satisfied before the deadline.
09/28/2018
BNP to sell entire 33% Geojit stake 2 years after acquiring Sharekhan
Incidentally, Geojit shares have taking a beating in the past one month
09/24/2018
Citi wins digital bank awards of Global Finance magazine
The bank also won five sub-category awards -- “Best Online Cash Management”, “Best Online Treasury Services”, “Best in Mobile Banking”, “Best Mobile Banking App” and “Most Innovative Digital Bank&r
09/17/2018
China UnionPay kicks off European expansion with UK launch
World’s biggest payment card issuer challenges US rivals Visa and Mastercard
09/14/2018
Ripple’s New MoneyTap App Could Dominate Japanese Bank Transfers
The page itself gives a projected launch date of autumn 2018.