China

Faster outlflows to Hong Kong is expected as clampdown fears escalate.

The solution is for the Shanghai Connect and Shenzhen Connect.

But the bank remains cautious for 2017 margin outlook.

NPL ratio also improved to 2.37%.

According to Reuters, Industrial and Commercial Bank of China Ltd has appointed Sheila Bair, the former head of the U.S. Federal Deposit Insurance Corporation (FDIC), as an independent non-executive director.

Higher borrowing costs seem to be a boon for them.

Most of them will be in the Pearl River Delta.

NPL formation rate rose to 4.17% in 4Q from 2.96% in 3Q.

Rising risks plague China banks amidst slowing economy.

This is so they can benefit from interest rate liberalisation.

They still believe that NPLs have not been fully exposed.

Profitability has been further reduced, as well as solvency ratios to a lesser extent.

They account for 41.4% of the total market share of WMPs.

It outpaced the 10% growth for normal lending.

It's the first and only American bank to be granted such a license.

Dwindling business on local stock markets is to blame.