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Article: BRIEFING - ASIA BANKING - NOV 27, 2007.

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AsiaPulse News
Article date:
November 27, 2007
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An executive briefing on banking for Nov 27, 2007, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.

ANZ SAYS CHINESE BANKS SET TO EXPAND IN AUSTRALIA

SYDNEY - Emerging banking goliaths from China will rapidly grow their branch presence in Australia and could acquire a stake in a local lender, according to the head of ANZ Banking Group Ltd (ASX:ANZ).

That means ANZ could be in the firing line, its new chief executive Mike Smith conceded today.

SUBPRIME WON'T HIT CAPITAL FLOW TO EMERGING ECONOMIES: ECB

MUMBAI - The sub-prime ...

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