Retail Banking
DBS plunges into private banking market in China
DBS Group plans to set up a domestic private banking presence in China, as it sees onshore wealth management to be growing in importance and that new...
DBS plunges into private banking market in China
DBS Group plans to set up a domestic private banking presence in China, as it sees onshore wealth management to be growing in importance and that new...
New measures spark BEA's Guangdong expansion
BEA will apply for “cross-location” sub-branches in Guangdong province under the new liberalisation measures of the Supplement VI to CEPA.
CBI to hire 2,500 young staff
CBI Executive Director Arun Kaul said the HR move is part of $54-million modernization plan to cater tech-savvy consumers.
Thai banks suffering from political uncertainty
The Thai banking system’s continuous political volatility and economic uncertainty will suppress domestic demand and investment sentiment.
ICBC buys 19.26% stake in ACL
Pursuant to the agreement, the Chinese bank which is the world's biggest lender by market value, will buy Bangkok Bank's ACL Bank shares at 11.5 Thai...
HSBC eyes RBS’ Asian assets
HSBC is in advanced discussions to buy the retail and commercial banking assets of Royal Bank of Scotland Group PLC in China, India, and Malaysia...
Thanachart Bank to raise $1.2 bln for Siam Bank shares acquisition
Thanachart’s Chairman Banterng Tantivit said in a Reuters report on Oct 6: "It is in preparation in order to buy a stake in SCIB if we win the bid...
StanChart launches priority banking in Vietnam
The service will provide Standard Chartered Bank’s customers with a series of global services including financial solutions in banking transactions...
Union Bank to ‘moderate’ expansion plans
Commenting on the move, bank’s Chairman and Managing Director MV Nair ,in a report in Business Standard, said: “These are difficult times. So, we want...
Hana Financial considers $1.7 billion offering for M&A bid
South Korea's fourth-largest Hana Financial Group Inc., which on Monday announced that it was giving a thought on a rights offer, is considered to be...
RBS ditches failing ABN Amro assets in India
Amid reports that talks with Standard Chartered Bank failed over valuation of the assets, ABN Amro bank’s spokesperson said: “RBS is in ongoing...
RBS' latest suitor for sale of China assets: ANZ
ANZ may take another look at RBS banking assets in China after Standard Chartered PLC pulled out of talks to buy the operations, says spokesman. "ANZ...
China Minsheng wants control of U.S. Bank UCBH Holdings
Minsheng, China’s first privately owned bank, is seeking U.S. regulatory approval to boost its holding in San Francisco- based UCBH to at least 50...
Andhra Bank and Bank of Baroda: together for Life (insurance)?
Presently a corporate agent of LIC, the public sector lender has now formed a joint venture with UK-based Legal and General Plc Insurance Co and...
Deutsche Bank’s David Murray, Tim Andrew to head equities in Standard Chartered
Standard Chartered is banking on the two latest additions to its team to grow its Asian business.
Bank of Baroda’s Emirates operations booms 3-fold
Phenomenal growth in its United Arab Emirates operations has left the Bank of Baroda (BoB) eager to expand operations in the area.
RBS' Asian assets sale flops
Talks between Standard Chartered PLC and Royal Bank of Scotland Group PLC (RBS) for the sale of RBS' assets in India, China and Malaysia seem to have...
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The Bank of Thailand is eyeing to expand connectivity with more countries.
The Bank of Thailand is eyeing to expand connectivity with more countries.
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Generative AI’s role in the evolution of banking