Retail Banking

State Bank of India staff threaten permanent strike

No, really. And as well as an indefinite strike, union leaders want more money and a promise not to privatise India's largest bank.

State Bank of India staff threaten permanent strike

No, really. And as well as an indefinite strike, union leaders want more money and a promise not to privatise India's largest bank.

Sit to sit as Hang Seng China CEO

Mrs Dorothy K Y P Sit, Director of Hang Seng China, will be appointed as Chief Executive of Hang Seng China. She is currently General Manager and...

Maybank's net profit down to RM1.81b

Maybank recorded a net profit attributable to shareholders of US$512.89 million for the nine months ending 31 March 2009. Its net profit for the same...

Moody's questions Indonesia's ability to back up its banks

Moody's Investors Service has placed the ratings of ten Indonesian banks on review for possible downgrade.

Recession threatens Malaysian bank's ratings

Moody's warns that credit stress among Malaysian banks could increase if unemployment rises and recession sets in for a protracted period. But since...

Hong Leong bucks rate cuts to post 16% profit

Hong Leong Bank Berhad net profit after tax for the nine months ending 31 March 2009 improved by 16 percent year-on-year to US$198 million.

NAB incentive doubles savings of low-income Aussies

Save and we will match that dollar for dollar, is NAB's message to encourage savings among lower-income Australians.

Free Ferrari’s for NAB’s $20 million plus clients

Australia's NAB is hoping its wealthiest customers will avoid those Swiss bankers and instead take up its family office offerings including cars and...

Metrobank named Asia’s most trustworthy

Metrobank topped Bank Category of the Reader’s Digest Trusted Brands award based on an Asia-wide survey by Nielsen Research.

HSBC wants fresh Vietnamese dong holders as clients

HSBC intends to penetrate Vietnam's promising personal banking segment where less than 10 percent have a bank account. Thus it will soon double its...

Aussie banks square off over job exports

Whilst the National Australia Bank is accused of looking at offshoring 628 jobs, Westpac chief Gail Kelly says she will not send jobs overseas while...

Moody's sees risks in Sumitomo acquisitions

Moody's Investors Service has placed on review for possible downgrade various ratings of Sumitomo Mitsui Banking Corporation.

StanChart eyes acquisition of RBS’ Asian assets

StanChart’s South East Asia CEO says the bank will want to "take a look at RBS" but says deal a long way off.

Will China kill off ABC’s IPO plans?

It’s three down, one to go. The Agricultural Bank of China, the sole unlisted bank in China’s ‘big four’ is set to launch its IPO and raise USD12...

Aussie banks won’t follow Commbank’s pay cuts

Sorry mates, but ANZ and NAB won’t be following the Commonwealth Bank which announced its CEO Ralph Norris will take a 10 percent pay cut whilst...

Indon banks post profit gains as debt provisions grow

Bank Mandiri and Bank Central Asia both showed profit gains over the first quarter, but Bank Negara Indonesia was the standout with a 315 percent...

Aussie bandits keep blowing up ATMs in gas attacks

Aussie ATM gas attacks up this year with six in the last three months alone as bandits find empty streets and cash-filled machines an easy target.