Keywords: US Fed, BaFin, National Commercial Bank, BoJ, Central Bank Of The Republic Of China (Taiwan), Eximbank, Sacombank, Bank Alfalah, NAB

"We feel confident we have taken all the steps that we need to."
Deutsche Bank co-Chief Executive Anshu Jain explains that he did not see a need to raise further capital to meet current bank rules.


The following are notes from our Monday morning meeting.

The yen depreciation has resulted in fears that Korea and other Asian countries are taking similar measures.

The US Fed will release results of the latest stress tests for the nation's 19 largest banks over two separate days in March.

Germany’s BaFin launched a special probe against four banks including Deutsche Bank for alleged Euribor manipulation.

Societe Generale Bank will re-commence operations in Nigeria as Heritage Bank.

Abdul Kareem Abu Al Nasr, CEO of Saudi Arabia’s National Commercial Bank resigned amidst a management shake-up aimed at improving bank performance.

Asian Development Bank president Haruhiko Kuroda has been tipped to replace outgoing Bank of Japan governor Masaaki Shirakawa.

Central Bank of the Republic of China (Taiwan) approved Bank of China’s Taipei branch to clear renminbi on the island.

Vietnam’s Eximbank and Sacombank signed a cooperation plan that will see them merging in the next three to five years.

Indonesia’s House of Representatives drafted a new banking bill requiring foreign bank branches to incorporate locally.

Abu Dhabi’s Bank Alfalah will offer branchless banking services in Pakistan

National Australia Bank is looking to raise $4.2b from the sale of its UK business.