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| 03 Feb 12 | A strong rally yesterday led by banks pushed the Philippine Stock Exchange Index to a record 4822.08 points, up by 2.3%. Read ››
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| INVESTMENT BANKING | Mizuho Financial Group took an 80% drop in profit during 4Q11 on a tax asset write-down and weaker stock markets. Read ››
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| Vietnam’s largest bank is about to shed non-essential operations as it moves towards becoming a completely commercial bank. Read ››
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| Vietnam may approve the plan to restructure Agribank this February, wherein it reverts its focus to agriculture and rural development. Read ››
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| EXCLUSIVE | Find out what HSBC’s Ian Banks and Standard Chartered’s Giles Elliot have to say about the challenge of having a system that embeds sufficient functionality in multi market implementations. Read ››
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| Adding 50 more branches will bring the branch network of Metropolitan Bank and Trust Company (Metrobank) to over 800, the largest in the Philippines. Read ››
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Malaysia’s banking system capitalisation remained strong with the risk-weighted capital ratio and core capital ratio at 14.9% and 12.9%. Read ›› | | China plans to make Shanghai a global center for innovation, transaction, pricing and clearing of RMB-denominated financial products by 2015. Read ›› |
| Bank Sinarmas hopes to expand operations by offering rights issue of shares in the second quarterand by tapping foreign in vestments. Read ›› |
| China's state-owned Export-Import Bank will will provide a $41 million loan for the bridge and port in the Bahamas. Read ›› |
| Public Bank Bhd are up by two sen to RM13.54 after posting profits last year that satsfied market expectations. Read ›› |
| Thailand's commerce minister Kittiratt Na-Ranong urged Australian banks to buy stakes in, or enter local partnerships with, established banks in the country. Read ›› |
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| Azrulnizam Abdul Aziz has been appointed CEO of Al Rajhi Bank (Malaysia). Read ››
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| CIMB Group announced the appointment of new directors at CIMB Bank and CIMB Islamic Bank. Read ››
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| | | CIMB Niaga, Indonesia's fifth-largest bank, has named Sri Nazir Razak to replace retiring president commissioner Mohd. Read ››
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| Reshuffle in China’s financial leadership brought about appointment of Jiang Chaoliang as Agbank chair and Wang Hongzhang as CCB chairman. Read ›› |
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Banks will have to intensify their transaction banking platforms as Asian businesses do more cross-border trade, says HSBC's Noel Quinn.
by ROXANNE UY
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HSBC's Noel Quinn says lacklustre trade between Asia and partners in Europe and US may cause capital flows in Asia to increase ten fold - but by when?
by ROXANNE UY
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Macquarie Securities' Ismael Pili and HSBC’s Noel Quinn reveal their outlook for the Asian market in 2012.
by ROXANNE UY
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