Thailand Financial News


Google

SunGard acquires Inmatrix

February 9th, 2010

SunGard today announced that it has acquired Inmatrix, a leading provider of credit risk analysis and business forecasting solutions. Inmatrix, based in Melbourne, Australia, offers two credit management solutions: Optimist, which helps evaluate the credit worthiness of borrowers; and Portfolio Strategist, which helps banks develop a portfolio view of their exposure. (more…)

Comments Off

Strong finish to 2009 for MasterCard in the Asia/Pacific, Middle East & Africa Region

February 9th, 2010

MasterCard Incorporated today announced strong fourthquarter and full year results for the Asia/Pacific, Middle East & Africa (APMEA)1 region. For the quarter ending 31 December 2009, the region witnessed double-digit growth in gross dollar volume (20.3%), purchase volume2 (18.6%), purchase transactions (19.4%), cash transactions (31.9%) and cards issued (11.2%), versus the same period in 2008. (more…)

Comments Off

Shinsei Bank reports net income of 400m for 2009

February 9th, 2010

Shinsei Bank, Limited, a leading diversified financial institution to both institutional and individual customers in Japan, today announced consolidated cash basis net of 35.7 billion yen (consolidated reported basis net income of 22.2 billion yen) for the nine month period ended December 31, 2009 compared to a consolidated cash basis net loss of 23.3 billion yen (consolidated reported basis net loss of 32.1 billion yen) for the nine month period ended December 31, 20098. (more…)

Comments Off

Barclays Wealth strengthens South Asia banking team with senior hires

February 9th, 2010

Barclays Wealth, the global wealth management division of Barclays PLC, today announces the appointment of three senior bankers to its South Asia team based in Singapore. Effective today, Vikram Malhotra joins as Managing Director, Head of South Asia. (more…)

Comments Off

Photo Release: TMB first in Thailand to offer Baht-Arab currency conversion-supported credit card EDC

February 8th, 2010

TMB becomes the first commercial bank in Thailand that provides credit card EDC (Electronic Draft Capture) service which is enabled with Thai Baht-Arab currency unit conversion function. There are six Arab currencies* supported by the multi-currency TMB EDC, making it the service which can convert as many as 21 currency unit – the highest available in the country. (more…)

Comments Off

Global Corporate Default Tally Remains Unchanged At 10 So Far This Year, Article Says

February 8th, 2010

The 2010 year-to-date tally of global corporate defaults remains unchanged at 10 this week, said an article published today by Standard & Poor’s. By region, the year-to-date default tallies are seven defaults in the U.S., two in the emerging markets, and one in the other developed region (Australia, Canada, Japan, and New Zealand).

So far this year, distressed exchanges account for five defaults, and missed interest or principal payments are responsible for three defaults, according to the article, titled “Global Corporate Default Update (Jan. (more…)

Comments Off

Fitch to Host US, Asian & Latin American Bank Credit Outlook Seminar in London

February 8th, 2010

Fitch Ratings-London-05 February 2010: Fitch Ratings will host a seminar on the credit outlook for US, Asian and Latin American banks and the region’s banking system in London on Thursday, February 11.

Senior Fitch financial institutions analysts will give presentations providing key insights into the sectors and outlooks for the coming year. (more…)

Comments Off

Citi continues expansion in Mainland China

February 5th, 2010

February 4, 2010, Beijing - Citigroup (”Citi”) announced today that it has been granted approval by the China Banking Regulatory Commission (”CBRC”) to open a branch in the city of Guiyang. The Guiyang branch will be Citi’s tenth branch in China, and will officially open in the first half of 2010. (more…)

Comments Off

Deutsche Bank appointed as depositary bank for Daiwa Securities Group

February 5th, 2010

London / New York / Tokyo / Hong Kong, February 4, 2010 – Deutsche Bank today announced its appointment as depositary bank for the Level I American Depositary Receipt (ADR) program of Daiwa Securities Group Inc. Daiwa Securities Group Inc. (the “Group) is a comprehensive financial services company with securities-related operations as a foundation. (more…)

Comments Off

TRIS Rating Upgrades Company Rating of “SIRI” to “BBB+” from “BBB” And Issue Rating to “BBB” from “BBB-”with “Stable” Outlook

February 5th, 2010

TRIS Rating Co., Ltd. has upgraded the company rating of Sansiri PLC (SIRI) to “BBB+” from “BBB” and has also upgraded the rating of SIRI’s existing debentures to “BBB” from “BBB-”. The rating outlook is “stable”. The upgrades reflect SIRI’s improving financial profile. (more…)

Comments Off
Next Page »
Google