In Focus

UBS Chief Gruebel faces pressure from Singapore board

Oswald Greubel may be forced to shrink the investment bank after the $2.3b loss from fraudulent trading last week, according to Bloomberg’s report.

UBS Chief Gruebel faces pressure from Singapore board

Oswald Greubel may be forced to shrink the investment bank after the $2.3b loss from fraudulent trading last week, according to Bloomberg’s report.

Reserve Bank of India deems rate hikes necessary

DBS expects RBI to raise policy rates to 8.5% by December 2011.

Hong Kong banks’ loans to mainland entities exceed 20%

This means that a slowdown and liquidity squeeze there could impact the banks’ asset quality in China.

HSBC is world’s most valuable bank brand

But banks in the top 100 brands have lost $25.9b from their total brand value since January 2011.

Reserve Bank of India to hike policy rates on September 16

The RBI will likely pause after a final 25bp hike in policy rates on September 16 and cut 75bp from April onward.

Bank of Korea freezes rates of 3.25% amid surging inflation

But DBS expects the BOK to raise the repo rate by 25bps in 4Q before taking it to 4% in 1H12.

China's top banks released US$21.9bn new CNY loans in August

The Big Four’s new yuan loans in August is significantly lower than July's $77.07bn.

Analysts see slower second half for Malaysian banks

Banking analysts are expecting a slower second half for Malysian banks based on the souring global economic outlook and the banking data released in July.

Chinese firms turn to Hong Kong banks for loans

Chinese firms are turning to Hong Kong’s banks for loans as the central government tries to bring the inflation rate down from a three-year high by reducing access to credit.

Malay banks resilient to US, Euro financial crisis: Maybank CEO

Maybank President and CEO Datuk Seri Abdul Wahid Omar says that the Malaysian banking sector will not be affected by the on-going financial and debt crisis in the United States and Europe.

BoCom appointed to handle US$3.1bn dim sum bond issue

China Ministry of Finance to sell the bonds to institutional investors on Aug 17.

Indonesia central bank mulls limiting bank ownership

The move aimed to promote good corporate governance and strengthen control of local banks.

Malaysian banks to focus on non-interest income

Non-interest income business for the country's eight anchor banks seen to be about $5.91bn this year .

Japan's big 3 set to expand overseas

The lenders capitalizes on stronger yen in quest to seek growth abroad as expected boost to loan demand from March quake is yet to materialize.

Tibet allowed to put up regional bank

The China Banking Regulatory Commission has approved the establishment of a regional bank in the Tibet Autonomous Region with initial capital adding up to 1.5 billion yuan or 233 million U.S. dollars.

Maybank advances Islamic banking development through collaborations

Malaysia's Maybank Islamic and Indonesia's Bank Syariah Mandiri will establish cross border collaboration in all Islamic treasury and trade finance matters.

StanChart to close 43 Korea branches amidst strike

Nearly half of the lenders’ 6,500 employees here had a walkout to protest against a proposed incentive-based compensation system.