SVB Financial Group appoints new president

SVB Financial Group, the parent company of Silicon Valley Bank, has promoted Greg Becker to the position of president of the group. ...

Published: 01-Sep-2010

Stonegate Bank to acquire Southwest Capital Bank

Stonegate Bank has signed a definitive merger agreement to acquire Southwest Capital Bank, a subsidiary of Florida-based Southwest Capital Bancshares, in an all stock transaction valued at approximate...

Published: 31-Aug-2010

Bank of East Asia enters into strategic partnership with Affin Holdings

The Bank of East Asia (BEA) has signed a memorandum of mutual understanding (MOU) with Malaysian financial services conglomerate Affin Holdings (AHB) to formally establish a strategic partnership. ...

Published: 27-Aug-2010

Citi Singapore opens China desk

Citi Singapore has set up a new China Desk to encourage more Chinese companies looking to expand globally to do business in Singapore. ...

Published: 27-Aug-2010

Commonwealth Bank of Australia launches operations in India

Commonwealth Bank of Australia (CBA) has launched its operations in India by opening its first branch in Mumbai. ...

Published: 25-Aug-2010

Nara Bancorp closes problem loans bulk sale

Nara Bancorp, the holding company of Nara Bank, has closed bulk sale of its problem loans that were transferred to loans held-for-sale at 30 June 2010. ...

Published: 20-Aug-2010

Swedbank obtains local currency license in China

Swedbank has received a local currency license from China Banking Regulatory Commission to use the national currency Renminbi (RMB). ...

Published: 19-Aug-2010

DMCC signs MoC with Bank of Baroda

Dubai Multi Commodities Centre Authority (DMCC), a Free Zone authority dedicated to enhancing trade flows through Dubai, has signed a memorandum of cooperation (MoC) with India-based Bank of Baroda. ...

Published: 18-Aug-2010

NBK opens centralized corporate banking service center

National Bank of Kuwait (NBK) has set up a centralized corporate banking service center in Kuwait City for corporate banking group clients. ...

Published: 16-Aug-2010

Torrey Pines Bank opens office in Los Angeles

Torrey Pines Bank, a subsidiary of Western Alliance Bancorporation, has opened a full-service banking office in downtown Los Angeles. ...

Published: 12-Aug-2010

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