Wholesale Banking
HSBC acquires 88.89% of Bank Ekonomi
HSBC Limited has completed its acquisition of 88.89 percent of Bank Ekonomi for US$607.5 million. The deal was coursed through its wholly-owned...
HSBC acquires 88.89% of Bank Ekonomi
HSBC Limited has completed its acquisition of 88.89 percent of Bank Ekonomi for US$607.5 million. The deal was coursed through its wholly-owned...
Philippine banks in better shape than others in region: Moody's
The credit stress due to economic recession in the Philippine banking system is low relative to other Asian countries, according to Moody's.
DBS not the only bank pulling out of HDFC
It may not have made any money on the sale of its 2.7 percent stake in HDFC for $263 million, but it wasn’t alone heading for the exit door.
Maybank completes record-breaking rights issue
Maybank became one of the best capitalised banks in Asia following the successful completion of its rights issue exercise on shares of Bursa Malaysia...
After failed insurance bid, BDO still wants cash
Fresh from raising US$61 million through a note issue, the Philippines’ largest bank says it wants to raise a further US$165 million through a rights...
Temasek could face pressure on ICICI stake
India’s ICICI bank may face being labelled a foreign bank following changes to the country’s rules, and this could put pressure on its largest...
Malaysia's Islamic banks targets of foreign takeovers
Goldman Sachs Islamic Bank, anyone? It may seem the most unlikely of partners, but new banking liberalisation laws in Malaysia will let foreigners own...
BNP Paribas ups stake in joint subsidiary with Shihan
BNP Paribas Assurance has increased its equity interest in SHC&Life Insurance from 50 percent to 85 percent.
BNP Paribas wants Europe-class services for Asia
BNP Paribas Singapore branch was granted a wholesale banking license to widen the services offered locally. With this new license, BNP Paribas...
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Why Philippine banks, insurers embrace hyper-personalized services
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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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