Seoul spends more on recapitalisation
(South Korea) – The South Korean government spent 1.36 trillion won (US$1.17 billion) in public funds to recapitalise financial institutions in December, more than twice the amount spent […]
(South Korea) – The South Korean government spent 1.36 trillion won (US$1.17 billion) in public funds to recapitalise financial institutions in December, more than twice the amount spent […]
(Australia) – Perth-based BankWest has confirmed its exposure to failed copper and gold producer Selwyn Mines, with the bank revealing bond and hedging debts of A$43 million.BankWest managing […]
(Australia) – Australia’s biggest credit card issuer, ANZ Banking Group, has confirmed it has lost millions of dollars as a result of processing errors in its credit card […]
(Australia) – Australia’s only listed investment bank, Macquarie Bank, has announced a 41 percent lift in net profit to A$183 million for the six months to September 30.The […]
(Australia) – Australia’s largest bank, the National Australian Bank, saw its share price plummet more than 5 percent despite announcing a net profit of A$3.37 billion for the […]
(Australia) – Australia’s fifth ranked bank, Sydney based St George, has announced a 5.4 percent profit increase to A$427 million for the 12 months to September 30.St George […]
(Malaysia) – Malaysia’s biggest bank group, Malayan Banking (Maybank) has announced a flat first quarter net profit of RM372.6 million (US$98 million), slightly ahead of the RM371.9 million […]
(South Korea) – Profits at Korea First Bank have plunged 66.8 percent for the first nine months of this year, compared with the same period in 2001.The bank […]
(Australia) – Australia’s fourth ranked bank, Westpac Banking Corp, has posted a 9 percent rise in full year net profit to A$2.06 billion on the back of a […]
(Australia) – Australia’s fourth largest bank, the ANZ Banking Group, has reported a better than expected profit of A$2.3 billion for the 2002 financial year.The result was a […]