NAB in earnings warning
(Australia) – A A$250 million writedown of its wealth management operations has hit profit forecasts at the National Australia Bank, with the bank warning that 2002-3 profits would […]
(Australia) – A A$250 million writedown of its wealth management operations has hit profit forecasts at the National Australia Bank, with the bank warning that 2002-3 profits would […]
(Thailand) – First quarter profits in Thailand’s banking system look set to leap 200 percent from the same period last year, mainly due to a reduction in provisioning […]
(Australia) – Emerging regional lender Bank of Queensland has posted a 60 percent lift in interim net profit to a record A$21.3 million for the six months to […]
(Indonesia) – Indonesia’s largest bank, Bank Mandiri, has posted a 30.6 percent rise in net profit to 3.59 trillion rupiah (US$403 million) on the back of stronger non-interest […]
(China) – Shanghai Pudong Development Bank, in which Citigroup has a 4 percent stake, has announced a 21 percent lift in 2002 net profit to 1.285 billion yuan […]
(Thailand) – Three Thai banks have become the first commercial lenders to pay shareholders a dividend since the 1997 economic crisis.Siam City Bank, BankThai and Krung Thai Bank […]
(Hong Kong/Seoul) – Australia’s Macquarie Bank has denied reports it plans to close down its Asian equities business based in Hong Kong.Macquarie Group Executive Director, Head of Equities […]
(Hong Kong) – A steep fall in bad debt charges has helped the Hong Kong listed arm of the Bank of China (BOC) post a 141 percent surge […]
(Hong Kong) – The Bank of China’s (BOC) new listed Hong Kong flagship is on target to deliver the HK$6.3 billion profit it promised the market when it […]
(New Zealand) – The New Zealand Post Office’s no frills retail banking venture, Kiwibank, has announced a NZ$6.5 million loss for the six months to December, but says […]