Retail Banking

HSBC, Bank of China are top HK market makers

The Hong Kong Monetary Authority placed the HSBC and the Bank of China at the top of new sets of league tables of market makers for bills and notes...

HSBC, Bank of China are top HK market makers

The Hong Kong Monetary Authority placed the HSBC and the Bank of China at the top of new sets of league tables of market makers for bills and notes...

GE Money sold to BDO

Banco De Oro Unibank, Inc. and GE Capital have agreed to transfer GE Money Bank in the Philippines to BDO.

Only two of India's 19 nationalised banks are sufficiently capitalised

So the newly returned government is asking the World Bank for $3 billion to recapitalise 17 banks with tier 1 rations of under 14 percent.

Moody's assesses Thai banks' resilience to crisis

Moody's will determine the appropriate systemic support for Thailand's bank ratings and the implications for 11 banks identified as being potentially...

Public Bank provides automatic transfer from parents' account

Public Bank's new account encourages children to save through automatic transfer of monthly allowances from the parents’ account to their account...

Maia named CEO of HSBC Australia

HSBC has appointed Paulo Maia, currently Deputy CEO of HSBC Brazil, as CEO of HSBC Bank Australia. The new appointment will come into effect on 1 July...

Maybank's recycled wallpaper to attract 100,000 online deposits?

Maybank hopes to attract its young population to patronise its online deposit service by adopting a green theme for its Yishun branch. Among their...

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...