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.
China pushes Shanghai as international finance center
Wants Shanghai to gain IFC status by 2020.
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.
3 things that will weigh on China banks' profits over the next 5 years
Profit growth will slip to single-digit levels.
China banks' 2012 profit growth down to 19% from a record 39% in the previous year
But results are still impressive, thanks to better NPLs.
China Merchants Bank's net profit up 25% to RMB 45.3bn in 2012
Total loans and deposits also rose 16% and 14%.
Chinese banks demand tougher regulation of non-financial institutions
Ask government to draft rules to head off higher risk.
Chinese banks’ bad loans jumped by 39%
Stood at US$69 billion in 2012.
6 reasons behind China Construction Bank's overweight stock rating
Find out why Barclays prefers CCB.
China's total social financing peaked in January at RMB2.5t: Barclays
Find out what other risks loom for China.