Sector: Operations

Property the foundation for banks’ 2003 results

(Australia) Australia’s booming property market and strong domestic spending have underpinned the major banks’ 2003 results, according to a Standard...

Financial Results, Operations

Standard & Poors

End in sight for Korean bank strike

(South Korea) Workers at South Korea’s Chohung Bank have agreed to return to work after a four-day strike that seriously...

Mergers & Acquisitions, Operations

Chohung Bank, Shinhan Bank

Bendigo Bank reaches its ton

(Australia) Just five years after it opened its first branch in country Victoria, Bendigo Bank notched up a century last...

Business Development & Expansion, Operations

ANZ and IFC less certain of stake in Thai bank

(Thailand) Bank of Thailand Governor Pridiyathorn Devakula’s confident prediction that talks concerning foreign ownership of stakes in the Thai Military...

Investment, Operations

ANZ, Bank of Thailand, Thai Military Bank

Borrowing Intentions more subdued in North Asia than SE Asia

(June 9, 2003) The survey findings of the latest round of the “Asia Pacific Corporate Banking Quarterly Survey” by East...

Business Development & Expansion, Investment, Operations, Research

East & Partners, JP Morgan

Asia, China, Hong Kong, Indonesia, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand

Goldman Sachs loans expertise to China Bank

(China) – In a move expected to pave the way for similar ventures, investment giant Goldman Sachs has reached an...

Investment, Joint Ventures, Operations, Regulatory & Government

Goldman Sachs, Industrial & Commercial Bank of China, Morgan Stanley

UK investors told Westpac on target

(Australia) – Westpac chief executive David Morgan has delivered the message to UK investors that the bank is on track...

Financial Results, Joint Ventures, Operations

Japanese banks “could buy Australia”, audience told

(Australia) – With interest rates currently sitting at zero, Japanese banks are so wealthy that they could “buy Australia tomorrow...

Business Development & Expansion, Financial Results, Investment, Operations, Regulatory & Government

Australia, Japan

National acquires CBA custody contracts

(Australia) – National Australia Bank has signed a deal to pick up the custody contracts of clients of Commonwealth Custodial...

Business Development & Expansion, Investment, Mergers & Acquisitions, Operations

New website coming

(Australia) – Australia’s Commonwealth Bank (CBA) is looking to redevelop its internet banking site and has invited five suppliers to...

e-Banking, Joint Ventures, Operations

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