Banking

Indonesia, home to giant gold mine, launches bullion banking
Indonesia, home to giant gold mine, launches bullion banking
INDONESIA has launched its first bullion banks in a bid to draw tonnes of privately held gold into the financial system of South-east Asia’s largest economy. The region’s largest gold...
HSBC names Asia country, banking heads in CEO’s major revamp
HSBC names Asia country, banking heads in CEO’s major revamp
HSBC Holdings gave country heads in some smaller Asian markets additional responsibilities as the lender streamlines and removes management layers. Peter Kim was appointed head of banking on top...
HSBC names Asia country, banking heads in CEO’s major revamp
HSBC names Asia country, banking heads in CEO’s major revamp
HSBC Holdings gave country heads in some smaller Asian markets additional responsibilities as the lender streamlines and removes management layers. Peter Kim was appointed head of banking on top...
HSBC to sell Bahrain retail banking operations as restructuring progresses
HSBC to sell Bahrain retail banking operations as restructuring progresses
HSBC on Tuesday (Feb 18) agreed to sell its retail banking operations in Bahrain to the Bank of Bahrain and Kuwait (BBK) amid a global restructuring at the bank.The...
HSBC to sell Bahrain retail banking operations as restructuring progresses
HSBC to sell Bahrain retail banking operations as restructuring progresses
The deal will see a transfer of retail loans, deposits and accounts of about 76,000 customers to BBKHSBC on Tuesday (Feb 18) agreed to sell its retail banking operations...
DBS names successors of corporate and SME banking, operations group heads
DBS names successors of corporate and SME banking, operations group heads
SINGAPORE’S largest lender DBS named on Tuesday (Feb 18) its two picks for the group head of its corporate and SME banking unit, as well as its group head...
DBS names successors of corporate and SME banking, operations group heads
DBS names new heads of operations, and corporate and SME banking
SINGAPORE’S largest lender DBS named on Tuesday (Feb 18) its two picks for the group head of its corporate and SME banking unit, as well as its group head...
HSBC investors back CEO’s investment banking retrenchment
HSBC investors back CEO’s investment banking retrenchment
INVESTORS in HSBC are backing management attempts to shutter parts of its investment bank, even as US President Donald Trump’s deregulatory agenda fuels hopes for a boom in capital...
China’s record mergers in 57 trillion yuan small banking sector raise future risks
China’s record mergers in 57 trillion yuan small banking sector raise future risks
CHINA oversaw its largest-ever wave of rural bank mergers last year, a Reuters review of official data showed, but analysts say Beijing’s efforts to tackle risks in the small...
HSBC to sell Bahrain retail banking operations as restructuring progresses
HSBC’s head of global banking for Asia-Pacific is exiting lender
HSBC Holdings’s head of global banking for Asia-Pacific, Christina Ma, is leaving the bank, according to people familiar with matter, as the lender restructures its business to keep a...