China
Chinese banks' shares underperform for the second consecutive month
Blame it CBRC's new rules for the WMP market.
Chinese banks' shares underperform for the second consecutive month
Blame it CBRC's new rules for the WMP market.
Major breakthrough in cross-strait banking talks
Talks succeed in easing market access rules for banks seeking to own stakes in other banks.
China gets tougher on sales of WMPs
Orders checks on underlying assets of volatile WMPs.
Planned BRICS bank to complement World Bank
But intends to break the grip of Americans, Europeans and Japanese in major lending institutions.
ICBC launches renminbi clearing services in Singapore
Also inaugurates three new “hubs” focusing on renminbi businesses.
Credit card fraud tops Shanghai’s financial crimes list
Accounted for 88% of financial crime cases in court in 2012.
ICBC reports 14.5% hike in earnings
Performance in 2012 makes it the world’s most profitable bank.
China’s banking crisis has begun
Hong Kong economist said debt bomb is about to explode.
ABC and BOC report slower profit growth
Two of the Big Four banks said economic slowdown crippled loan demand in 2012.
China warns banks anew on WMPs
Orders banks to strengthen checks on underlying assets of Wealth Management Products.
Why BOC is top pick among Hong Kong banks
Has strongest capital adequacy ratio (12.3% Tier 1) vs peers, an attractive 5.2% dividend yield and CNH asset deployment growth potential.
Higher credit charges help depress ABC’s net profit
Agricultural Bank of China reported net profit of RMB 145.1bn for FY12.
Here’s more from Barclays
Stronger-than-expected fee income and lower credit costs push up profit.
How will CBRC's new guideline on LGFV loans change the banking landscape in China?
Find out why BBVA says the impact may not be as large.
CBRC warns banks against lending to nine sectors
Move is aimed at improving implementation of standardized loan procedures to reduce risk.
Check out HSBC's new RMB cross-border payments solution in China
Learn more about the tailor-made ‘gross-in / gross-out’ model.