Bank Directory & Bank News

Asia shares plunge on worries over Spain banks, growth - msnbc.com
TOKYO (Reuters) - Asian shares tumbled on Friday and were set for their worst weekly showing since September, amid signs of growing instability among Spanish banks and political turmoil in Greece, with investors adding the latest weak U.S. data ...
Posted Date: 2012-05-18T03:19:13Z

Asia shares fall steeply on worries over Spain banks, growth - Livemint.com
Tokyo: Asian shares fell steeply on Friday after more signs emerged of growing instability among Spanish banks and political turmoil in Greece, with the latest sluggish economic data from the United States adding to the list of risks for investors.
Posted Date: 2012-05-18T03:04:54Z

Bank of East Asia : BEA Receives Best SME's Partner Award for the Fifth Consecutive Year - 4-traders (press release)
Hong Kong, 16th May, 2012 - The Bank of East Asia ("BEA") today announces that it has received the "Best SME's Partner Award" organised by The Hong Kong General Chamber of Small and Medium Business, a non-profit organisation established to represent and ...
Posted Date: 2012-05-16T09:33:49Z

Asia to Fill Project Finance Void Left by Europe, Banks Say - Bloomberg
Asian lenders are becoming more active in the region’s project finance loan market as European banks retreat, according to Sumitomo Mitsui Banking Corp. and Southeast Asia’s largest bank, DBS Group Holdings Ltd. (DBS) European lenders ...
Posted Date: 2012-05-09T07:33:17Z

Deutsche Bank Enhances Agency Securities Lending in Asia - Yahoo Finance
Deutsche Bank announced today it will open an Agency Securities Lending desk in Hong Kong in the second quarter of 2012 to better service the needs of clients in local Asian markets. Greg Chamberlain, who recently joined Deutsche Bank, will lead ...
Posted Date: 2012-05-18T04:09:20Z

Japan’s biggest banks help pick up the slack from retreating Europeans - Economist.com
One is from the slowdown in trade to Europe. The other is the drying up of finance, from trade credit to syndicated loans, extended by euro-zone banks. On neither score is Asia as vulnerable as it was after the collapse of Lehman Brothers in 2008 ...
Posted Date: 2012-05-18T07:29:46Z

Fed Approves I.C.B.C.’s Takeover of Bank of East Asia - New York Times
The Federal Reserve opened the door for China’s biggest bank to establish a presence in the United States on Wednesday, allowing the Industrial and Commercial Bank of China to take a majority stake in an American institution. I.C.B.C. and two ...
Posted Date: 2012-05-09T21:45:07Z

Asia Ends Down as Euro Zone Troubles Deepen - CNBC
Financial stocks fell as investors fretted about the health of Spanish banks and what the broader impact might be. Australia's major four banks were all down sharply, with National Australia Bank lower by 4.2 percent.
Posted Date: 2012-05-18T10:14:24Z

STOCKS NEWS EUROPE-Nomura prefers Asia-exposed UK banks - Reuters UK
As concerns surrounding Greece contribute a mood of heightened nervousness to financial markets, Nomura strategists adopt a defensive approach with regard to the pan-European banking sector, preferring Asia-exposed UK lenders. While pan-European ...
Posted Date: 2012-05-17T08:49:41Z

ING's Asia life insurance sale shifts into top gear - Reuters
Japan accounted for about 45 percent of Asia-Pacific's underlying profit before tax, followed by South Korea and Malaysia. For investment banks starved of IPOs and M&A deals, ING's Asian divestment could provide a much needed boost. Bankers and ...
Posted Date: 2012-05-18T10:50:12Z