Overseas Filipino Bank launched

The OFB shall serve as a “policy bank dedicated to provide financial products and services tailored to the requirements of overseas Filipino,” the OFBank said in a statement.


ANZ Walks From Chinese Deal

HNA Group which owns 10 percent of Deutsche Bank has recently come under intense scrutiny from foreign regulators due to its extreme levels of debt and a blurred ownership structure.


ANZ Completes Shanghai Bank Sale

The bank will return the money from the Shanghai sale to shareholders, and buy back ANZ stock on-market, Chief Financial Officer Michelle Jablko said in a press release.


ASB named New Zealand Bank of the Year

ASB Chief Executive Barbara Chapman says ASB is proud to be named New Zealand Bank of the Year for the fifth year in a row, especially as the market continues to go through rapid technological change.


Confidence wanes in Malaysia govt-backed 1MDB bonds

The contrast reflects growing investor concern about the Malaysian government's backing as it grapples with an economy forecast to expand at its slowest pace in seven years amid a collapse in oil prices.