China

Railway ministry's massive debts a grave danger for Chinese banks

Of the Ministry of Railways’ liabilities, some US$321 billion are bank loans.

Railway ministry's massive debts a grave danger for Chinese banks

Of the Ministry of Railways’ liabilities, some US$321 billion are bank loans.

Chinese bank lending hits US$99.6 billion in February

Total lending for the month stood at US$172 billion.

China banks' total social financing reached RMB1.07t in February

But it's down from monthly record high of RMB 2.54tn in January.

Chinese banks taking on intolerable risks

Financial reforms needed to reduce excessive risks concentrated in banking sector.

Check out how Standard Chartered met Chinese regulatory requirements

Find out how the bank hosted all Chinese customer data on the mainland.

CCB opens branch in Russia

China Construction Bank becomes third Big Four bank operating in Russia.

How the LIBOR scandal in London affected Asian banks

The LIBOR scandal rocked the world of finance last year after reports emerged of gross misconduct by Barclay’s Bank in the submission of LIBOR rates to the British Banker’s Association (BBA). Barclays had been under investigation by authorities for its role in setting the world’s key short term interest rate-the London Interbank Offered Rate (LIBOR) and had to pay total fines of £ 290 million in separate settlement agreements with the Financial Services Authority (FSA), U.S. Department of Justice and Commodity Futures Trading Commission (CTFC).

China to continue currency and banking reforms

Might also relax tight capital controls this year.

China's NPLs reached a whopping US$79b at the end of 2012

Asset management companies will be set up to fend off risks.

Chinese banks demand tougher regulation of non-financial institutions

Ask government to draft rules to head off higher risk.