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HSBC global HQ stays in UK

 The chairman of HSBCannounced that they will keep their global headquarters in London.

HSBC global HQ stays in UK

 The chairman of HSBCannounced that they will keep their global headquarters in London.

CIMB gets SC approval for euro MTN

The CIMB group received approval from the Securities Commission for a multi-currency euro medium term note programme  of up to US$1 billion or its equivalent.

Bank Rakyat Indonesia forecasts 2010 profit up 15%

Yet BRI’s $922mn estimated profit might fall second to Bank Mandiri’s $942.35mn.

JP Morgan Chase ups stake In ICBC

JP Morgan Chase raised its stake in Industrial and Commercial Bank of China.

Bank Rakyat mulls adding eight branches

7 of the proposed branches worth $327,118 each will be set up in Sabah.

Randy Guy gets head job

Financial services firm Omgeo has appointed Randy Guy as new global head of technology.

Great Eastern launches Takaful business in Malaysia

Great Eastern offers Islam-compliant insurance products and services to cater 60.4% of Malaysia's population of 28.3mln.

Siam Commercial Bank selects Transoft Cash Management

The bank to maximize use of Transoft’s OptiCash applications suite for its next generation currency management

GRG Banking and Microsoft launched joint lab

Located in the GRG industry park, Guangzhou, China, Joint Development Laboratory was unveiled by GRG Banking and Microsoft.

Taiwanese finance companies bid for AIG's Nan Shan

Chinatrust Financial, Cathay Financial, Ruentex Group and Fubon Financial to bid for AIG's 97.57% stake in Nan Shan.