Markets
Banks worldwide set their sights on Asia
As it is predicted to become the dominant center for global trade flows over the next 12 months.
Banks worldwide set their sights on Asia
As it is predicted to become the dominant center for global trade flows over the next 12 months.
BIDV preparing IPO for Q4
BIDV chairman Tran Bac Ha revealed that his bank is preparing for an initial public offering in the fourth quarter of this year.
Moody’s says outlook for Vietnamese banks remain negative
It is concerned that the profitability and capital buffers of the banks will fall.
Chinese banks’ net profits surge 29% to an amazing $64.1b in 1H11
The Big-Four banks also disclosed that they made a total provision of $14.4b as of end 1H11.
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...
TPG Capital to acquire 30% stake in Saxo Bank
It also has the option to increase its stake to 40%.
Bank Danamon plans offering 1.16bn rights shares
The rights issue’s proceeds targeted to increase lending in small-to-middle sized businesses and the automotive sector.
Bank Mutiara attracts 3 investors
Three investors have officially expressed interest in purchasing the Bank Mutiara.
Price disagreement prompts IDB to postpone selling Muamalat shares
The Islamic Development Bank officially informed Bank Indonesia of its postponement in selling its shares of PT Bank Muamalat Tbk.
AgBank and Wuxi govt release $2.3bn PE fund
The lender and its local rivals take part in global rush to set up China-focused PE funds.
Bank of Chengdu targets IPO on Shanghai Exchange
Should the listing push through it will break a three-year IPO hiatus by the nation's city commercial banks, which operate under regional rather than...
Morgan Stanley and Huaxin launch JV
Morgan Stanley Huaxin Securities’ main thrust is underwriting CNY-denominated stocks and bonds for Chinese small-cap companies.
Stanchart kicks off Singapore online shares trading
The lender opens its doors to allow customers to settle their trades in 14 exchanges in 10 countries.
HSBC Malaysia to exclusively distribute Brazil equity fund
The fund was intended for investors seeking long-term capital growth on their investment to tap potentials of one of fastest growing economies.
Kim Eng Thailand targets bigger profits this year
The company is optimistic that Asia’s economic growth, while Asian currencies appreciate as against weakening US dollar will drive company’s earnings...
Taiwanese mortgagees among highest defaulters
Taiwan's higher loan-to-value loans had a higher gross default ratio of around 5%, while the one with lower LTV loans showed a better performance of...
China only needs US$1tn reserve?
Take it with a grain of salt. Many media reported that a PBoC advisor, XIA Bin, said China needs only "US$1tn reserves" and it will not rule out a...
Commentary
Generative AI’s role in the evolution of banking