Retail Banking

ANZ customers allowed to challenge fees

Australia's High Court unanimously allowed a class action representing 38,000 ANZ customers to challenge a wide range of "exception fees".

ANZ customers allowed to challenge fees

Australia's High Court unanimously allowed a class action representing 38,000 ANZ customers to challenge a wide range of "exception fees".

What Asian banks can learn from Metro Bank's Chairman

The New Bank on the Block: Lafferty spoke with Anthony Thomson, Metro Bank

Will Thai banks continue to expand lending in the near term?

Check out how this will affect the competition for deposits.

Here's why DBS is more profitable than Barclays

Find out how emerging Asia-centric DBS beats developed market-centric Barclays despite having only half of its equity leverage.

Indian Banks need US$90B more capital under Basel III

Indian banks needs an additional US$90 billion to meet Basel III capital Requirements by March 2018.

ICBC disappoints with 1st half results

China’s largest lender reported a 12.5% net profit rise for January to June, or less than half the comparable rate in 2011, while loans overdue for...

S.Korean banks face grim profit outlook

The economic slowdown and squeezed profit margins are keeping South Korean banks from generating more profit.

Indian banks have $446M of unclaimed deposits

The Indian government wants unclaimed funds amounting to US$446,825,738 from Indian banks of more than 10 years be credited to a new fund.

Agricultural Bank of China first half profits surges by 20.8%

Agricultural Bank of China's profits jumped 20.8 percent year on year in the first half of the year to 80.52 billion yuan.

Indonesia's Bank Mandiri to fortify Hong Kong unit

Encouraged by the huge remittances in its Hong Kong branch, Bank Mandiri is aiming to strengthen its business in the said country.

HSBC disposes stake in India's Federal Bank

HSBC sold its entire five percent stake in Federal Bank for a little over Rs 341 crore through open market transactions.

59% of Filipinos know their personal finances well

Filipinos scored an all-time high of 52.6 out of a possible 100 points in the latest Citi Financial Quotient Survey.

BOCHK has the lowest LDR among peers in 1H12

Barclays believes Bank of China (Hong Kong) has capacity to increase lending and pull back from deposit competition.

How can Chinese banks handle the sudden surges of liquidity demand?

Find out what analysts have to say about reports of Chinese banks being threatened by worsening short-term liquidity.

Chinese banks’ profit growth may fall to single digits in 2013

China’s banks, the world’s second most profitable after Indonesia’s, are expected to see profit growth fall below 10% in 2013.

BoCom boosts core capital

Bank of Communications Ltd said it has raised US$4.7 billion to meet the government’s capital adequacy ratio requirement.

CCB faces lower profitability; more bad loans

A rising number of bad loans threaten future earnings for China Construction Bank Corporation that saw its first-half net profit rise 15% year-on...