Retail Banking

Maybank Singapore to hire 100 trainees, expand staff financial aid
2 Sep 20
It has also pledged not to cut jobs.
Standard Chartered, Singapore labor mull digital bank venture: report
17 Aug 20
The plan is still in its early stages.
Standard Chartered boosts talent investment in Singapore
13 Aug 20
The bank has committed S$8m to reskill its Singaporean workforce.
Citi Singapore to grant summer interns with full-time analyst roles
22 Apr 20
The start of the programme will be moved to July.
Japanese invade Aussie banking industry
26 Jan 12
Three of Japan’s largest banks have begun a campaign to conquer at least 10% of Australia’s lucrative banking industry.
Citi to cut about 100 jobs in India
25 Jan 12
Citigroup Inc. will cut about 100 jobs in India while reiterating that the country remained among its highest priority markets.
Fitch revises Allahabad Bank's outlook to stable
25 Jan 12
Fitch Ratings has revised the outlook on Allahabad Bankto Stable from Positive.
South Indian Bank posts 36% rise in net profit
24 Jan 12
 South Indian Bank reported a 36% net profit increase to Rs 102 crore in the quarter till December 2011.
Punjab National's total business reaches Rs 6.21 lakh crore
23 Jan 12
Punjab National Bank revealed that its total business reached Rs 6.21 lakh crore at the end of the third quarter of fiscal 2011-12.
Bank of Ceylon to expand premier banking services
22 Jan 12
Bank of Ceylon will expand its Premier Banking network.
New directors appointed for CIMB Bank, CIMB Islamic
22 Jan 12
CIMB Group announced the appointment of new directors at CIMB Bank and CIMB Islamic Bank.
Chairman denies knowledge of plans to sell Bank Muamalat
22 Jan 12
The chairman of Bank Muamalat is unaware of plans to sell his bank to finance a stake in Proton Holdings.
DaiABank triples pretax profit in 2011 with VND502B
22 Jan 12
DaiABank announced a pretax profit of VND502 billion in 2011, up 300% on year.
LienVietPostBank posts VND1.1T pretax profit, up 45%
21 Jan 12
LienVietPostBankc announced a pretax profit of VND1.1 trillion as of Dec 31, 2011, up 45% from last year.
DongA Bank's pretax profit up 46.3% in 2011 VND1.255T
21 Jan 12
DongA Bank's pretax profit increased 46.3% to VND1.255 trillion in 2011.
PG Bank posts VND608B pretax profit in 2011
20 Jan 12
PG Bank reported a pretax profit of VND608 billion in 2011.
GRGBanking clinches US$66.5m deal from Bank of China
18 Jan 12
BOC has awarded contracts to GRG Banking Equipment Co Ltd for new automated teller machines and ATM management software.
Banks anticipate weaker Chinese economy
18 Jan 12
Foreign banks and the Chinese government brace themselves for the inevitable economic slowdown.
AgBank and CCB appoint chairmen
18 Jan 12
Reshuffle in China’s financial leadership brought about appointment of Jiang Chaoliang as Agbank chair and Wang Hongzhang as CCB chairman...
KB Financial not interested in taking over Woori Financial
18 Jan 12
The group prioritises on securing the sufficient capital adequacy this year amid eurozone debt crisis.
Maybank to sell stake in Bank Internasional Indonesia
18 Jan 12
Maybank is seeking investors for 20% of BII stake as Indonesian regulator ordered to sell down its stake in BII to 80%.
Union: ANZ to downsize workforce
18 Jan 12
Hundreds of employees in danger of facing the axe as the lender trims down cost amid economic slowdown.  Australia & New...
Korea financial watchdog to approve Hana's KEB takeover
18 Jan 12
The Financial Supervisory Service (FSS), is currently reviewing Lone Star's eligibility as KEB's major shareholder.
Malaysia expects growth for SME banking
16 Jan 12
The government forecasts the contribution of SMEs to the gross domestic product to rise to 41% in 2020.
ANZ to cut hundreds of jobs
16 Jan 12
Australia & New Zealand Banking Group Ltd.
Vietnam’s central bank denies banking catastrophe
15 Jan 12
The State Bank of Vietnam, the central bank, resolutely denies the country’s banking system has fallen into a severe debt crisis...
Mitsubishi UFJ’s growth plan focuses on China, Indonesia and Australia
15 Jan 12
The bank will expand its retail lending, private banking and asset management businesses, with a special focus on China, India, Indonesia and...
Summoned chairman of suspended Korean savings bank commits suicide
12 Jan 12
Ace Mutual Savings Bank chairman Kim Hak-heon was found dead by his relative.
BofA appoints Killingback head of Asia mergers advisory
12 Jan 12
Bank of America Corp.
Hana chief offers to step down amid KEB acquisition
11 Jan 12
The president of Hana Financial Group offered to resign as it prepares to complete its acquisition of Korea Exchange Bank.
China’s central bank prepares for the worst
10 Jan 12
The People’s Bank of China hopes to avert mounting economic unrest with a series of measures that include more support for struggling...
Bank of China looks to Europe for more profits
10 Jan 12
Europe continues to be the happy hunting ground for leading Asian banks seeking growth through mergers and acquisitions.
Chinese banks under pressure to raise cash next year: source
9 Jan 12
China's listed banks are expected to raise over 100 billion yuan or $15.78 billion through equity financing next year.
VietinBank reveals business plan for 2012
8 Jan 12
VietinBank held a conference to assess the results of business performance in 2011 and set the direction and tasks in 2012.
Eximbank sees good potential in Sacombank
8 Jan 12
he public questioned why Eximbank invested and holds a quite large ownership ratio in Sacombank while some big shareholders of were divesting...
Vietcombank targets VND6.5T pretax profit in 2012
8 Jan 12
Vietcombank will target a 6.5 trillion dong of pre-tax profit in 2012.
SPD Bank's 2011 prelim profit up 42%
7 Jan 12
Shanghai Pudong Development Bank's 2011 preliminary net profit rose 42.02 percent year-on-year to 27.24 billion yuan.
Regulator: 1,696 Chinese towns still lack banking services
7 Jan 12
Banking services were still absent in 1,696 remote towns and townships at the end of 2011.
ANZ to expand own brand in Vietnam
6 Jan 12
ANZ will sell its 9.6 per cent stake in Sacombank to another Vietnamese lender, Eximbank.
Shinhan to give more weight stability over growth
6 Jan 12
The lender targets 4% growth in 2012 after reaching 7% last year.

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