In Focus

Brisk loan growths in Singapore to ease in 2012 on fears of global uncertainties

Systemic loans in September surged 3.1% - guess which sector pulled the loans up?

Brisk loan growths in Singapore to ease in 2012 on fears of global uncertainties

Systemic loans in September surged 3.1% - guess which sector pulled the loans up?

China’s big banks to report record profits as bad-debt ratios shrank

Industrial & Commercial Bank of China’s net income surged 28% to 54.4 billion yuan.

Busted! Goldman Sachs ex-director Gupta screwed for fraud

And it’s not one, not two, but five counts of securities fraud plus one count of conspiracy - now isn’t that something?

Chinese banks may be stuck with record low valuations

Shares of China’s biggest banks fell an average 23% this year.

Regulatory requirement makes foreign banks in China race for cash

The Chinese Banking Regulatory Commission’s 75% loan-to-deposit ratio requirement is giving banks a tough time.

Mainland exposure to rise to 35% of Hong Kong banks by 2012

Concerns of rising exposure are indeed valid as HK banking assets' exposure was only 24% at end-June 2011 and 10% at end-2008.

Bad mortgages reach a whopping $69b since 2007

Blame it on JP Morgan’s recent disclosure of its $1.3b new expenses related to faulty mortgages and foreclosures.

Chinese government vigilant for ‘shadow bankers’

More than 80 businessmen mysteriously disappeared or committed suicide to avoid repaying debts to informal lenders.

Philippine banks to put PEACe bond tax in escrow

Eight local lenders asked the court to stop the government from imposing a 20% tax on interest income from Php35b worth of bonds.

Underdog no more: Goldman Sachs beats other firms as top Japanese M&A adviser

After being only number 7 last year, Goldman Sachs now has the top spot as it was hired for $54.1b worth of acquisitions this year.

Singapore central bank to continue 'judicious management' of its currency

The Lion City expects its economy to probably expand at a slower pace in the next few years, according to a Bloomberg report.

Global regulators to force banks to increase liquid assets

The Basel group plans to put uniform implementation of the Basel III reforms at the top of its agenda, according to a Reuters report.

UBS expects positive net profit in Q3 2011 despite unauthorized trading fiasco in September

The bank will report a gain on the sale of treasury-related investments of approximately CHF 0.7 billion in Wealth Management & Swiss Bank.

Hong Kong banks suffer from liquidity and credit quality risks

The banks were somewhat reliant on strong loan growth but though loans for domestic use have grown, almost 25% of the total loan book is now for use outside of Hong Kong.

Chinese banks' profits surged 34.5% to RMB 899.09b in 2010

Total assets also increased by 19.9% to a whopping RMB 95.3 trillion as of end-2010.

Chinese banks ditched by wary investors at signs of credit bust

The cheapest Chinese bank stocks may plunge further as the credit boom is showing signs of turning into a bust.

China's Big Four see huge outflows

Sources suspected that a large chunk of the $65.75bn deposits have flowed to the high-yielding private lending markets.