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    Two Nepalese banks – Kist Bank and Prabhu Bikas Bank – have formally decided to merge. Rameshwor Sapkota, coordinator of the merger committee of...

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    Commercial Bank of Kuwait said a majority of shareholders had approved a plan to convert the bank into a full-fledged Islamic lender. The bank’s...

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    Deutsche Bank chairman Paul Achleitner has given strong support to the German bank’s co-heads who have been embroiled in a number of scandals. According...

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    Malayan Banking (Maybank) is looking at acquisition opportunities in countries like Thailand, Singapore or the Philippines in a bid to achieve its goal of...

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    Citigroup has agreed to sell its consumer-banking business in Honduras to Banco Financiera Comercial Hondurena as it scales back in some countries. The sale...

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    RBL Bank, earlier known as Ratnakar Bank, has drawn up plans to raise about Rs 1000 crore through an initial public offer in the...

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    The All India Bank Employees Association (AIBEA) has raised objection to the Reserve Bank of India’s decision to grant banking licences to two more...

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    Royal Bank of Scotland has made its first leadership appointment in Asia-Pacific since it unveiled a simplified structure in February. Pierre Ferland, currently the...

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