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Bank Maspion Indonesia aims for IPO by January
Bank Maspion Indonesia plans to raise the necessary capital for expansion by listing on the Indonesia Stock Exchange by January 2013.
Bank Maspion Indonesia aims for IPO by January
Bank Maspion Indonesia plans to raise the necessary capital for expansion by listing on the Indonesia Stock Exchange by January 2013.
Chinese banks unprepared to run major Euro banks: experts
Chinese banks are eager to make acquisitions abroad, but may not have the managerial capability to run major European banks.
Maybank eyes RM2.64B added capital via shares placement
Maybank is looking to raise RM2.64 billion to further strengthen the bank's capital base.
Philippine banks pooling $1B to finance public projects
Philippine banks will pool up to US$1 billion to finance projects under the public private partnership initiative of the government.
China injects biggest daily amount of funds to banking system
To ease a liquidity thirst before a week-long holiday injected the largest daily amount of money into the banking system via open market operations.
Big Four to cut shareholder dividends
These banks may reduce their dividend payout ratios by five percentage points to 35%.
Top Philippine banks post 19% rise in net earnings
The Philippines’ 38 universal and commercial banks reported net earnings of US$1.3 billion in the first six months despite growing turmoil in world...
China's top 10 banks brace for slump
China's top ten banks will register slower growth during the rest of the this year due to economic slowdown and overdue loans, according to a report...
Chinese official seeks more financial cooperation with ASEAN
A high official of China's central bank called for more financial cooperation with members of the Association of Southeast Asian Nations.
China pursues financial reform
The People's Bank of China unveiled a financial reform plan for the 2011-2015 period.
State Bank of Pakistan introduces new set of prudential returns for banks
The State Bank of Pakistan introduced a set of prudential returns/statements for banks to enable it to effectively monitor and assess the risks posed...
Khoo resigns as Citi’s Southeast Asia head
Citigroup’s Southeast Asia head of financial institutions, David Khoo, has resigned.
Fitch cautions Asia-Pacific banks on weak operating environment
Fitch Ratings says a weaker operating environment in Asia Pacific may lead to rating pressure on banks in China and India.
Vietnam govt pledges to clean up banking system
The Government of Vietnam will take drastic actions in dealing with violations in the banking sector.
Nomura to slice US$1 billion in massive cost cutting
Nomura Holdings intends to save up to US$1 billion in a worldwide cost cutting program centered on its wholesale division.
US probes UK-Chinese bank connections on Iran business
US authorities have extended investigations of UK's HSBC and Standard Chartered to search for information on Chinese banks' businesses with Iran.
South Korea's financial firms cope with economic slump
South Korean financial firms are implementing pay cuts and layoffs as the global economic slump threatens their profits.
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Why Philippine banks, insurers embrace hyper-personalized services
![Why Philippine banks, insurers embrace hyper-personalized services]()
Insurance
Industry experts push for the rapid progress of unified customer data as a starting point.
Industry experts push for the rapid progress of unified customer data as a starting point.
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