TOP NEWS

Bank Negara Indonesia targets $1.1bln from rights issue

Target up from $400mln as market has become more conducive for raising funds. Read ››

Morgan Stanley applies as bidder for Woori takeover

Analysts see JP Morgan or UBS to acquire Woori among eight shortlisted bidders. Read ››

By Tony Chua | 12 hours 49 min ago

India to appoint eight bank chiefs

Move follows finance minister's appeal to ensure vacancies in state-owned banks be filled immediately. Read ››

By Tony Chua | 02 Sep 10

Commonwealth Bank begins India operations

Lender taps the homeland of 400,000 Indian population in Australia. Read ››

By Tony Chua | 12 hours 49 min ago

Bank of East Asia and Affin seal MoU

MoU strengthens lenders' ability to serve customers and tap opportunities in Greater China and Southeast Asia. Read ››

By Tony Chua | 01 Sep 10

China listed banks combined profit up 46%

ICBC leads banks with biggest profit for the first half at $12.42bln as lending boom reaped profits. Read ››

By Tony Chua | 01 Sep 10

 
INDUSTRY NEWS

National Australia to upgrade web presence

Lender to sign up Twitter and YouTube as it goes for more tools, resources and richer content. Read ››

HDFC Bank plans to add 150 more branches

Lender wants to set up additional branches in rural areas and overseas. Read ››

GRG Banking wins 1000 ATM units order from Middle East

GRG Banking Equipment Co.,Ltd.’s new subsidiary, GRG Banking Equipment(HK) Co.,Ltd., secured an order to supply 1,000 units of automated teller machines for a Middle East bank. Read ››

BPI proceeds with expansion in Europe

Lender to gain foothold in Europe starting with setting up branch in Italy this year. Read ››

 
PEOPLE
 
FEATURE

ATM suppliers in Asia note brisk sales despite global crisis

Consumers want more from their ATMs aside from cash. Customer service is still a major differentiator that sets companies apart these days. Read ››

INTERVIEWS
ANALYSIS

BPI: Redefining opportunities

Bank of the Philippine Islands prioritised liquidity over market share last year in anticipation of a difficult environment after the unprecedented shakeout in Wall Street. Read››

Cash management in China

Many Chinese companies are facing cash flow problems from the impact of the financial crisis. Read››

 
OPINION
POPULAR

A competitive tax regime for Australian investment funds

The Australian Government’s recent response to the report on Australia as a Financial Centre prepared by the Australian Financial Centre Forum chaired by Mark Johnson includes some encouraging news for Australia’s managed funds industry seeking to attract further investments from offshore funds. Read››

Singapore regulator slams IBM; orders DBS to choose another vendor

In a stingingly critical assessment of the failure of IBM systems at DBS, the Monetary Authority of Singapore has ordered DBS to "reduce its material outsourcing risks so that it does not overly rely on a single service provider," which effectively means it is ordering DBS to find another vendor. Read››

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