China
What are the implications of China's tightened wealth management regulations?
Analysts warn that small banks may suffer and growth of the wealth management sector may slow down.
What are the implications of China's tightened wealth management regulations?
Analysts warn that small banks may suffer and growth of the wealth management sector may slow down.
Goldman Sachs raises US$1 billion from ICBC shares
It’s the biggest share sale in Asia so far this year.
Why banks’ wealth management products need stricter regulation
The macroeconomic downturn in 2012 has gradually shifted its influence from the real economy to the financial sector. The recently exposed problems regarding wealth management products sold by banks is only one of a number of possible hidden dangers and may be an early warning of the current financial risks.
Goldman Sachs cuts its stake in ICBC for the fifth time since 2009
GS sold around 1.34b H-shares of ICBC.
China getting tougher on shadow banking
Government to publish a regional breakdown of financing flows that measures total corporate fundraising.
See how RMB payments in US depressingly slumped 38% in December
US slipped to 6th place in offshore RMB countries.
Citibank achieves first cross-border renminbi lending deal
Citibank (China) Company last week completed its first cross-border renminbi lending transaction.
UK becomes G7 leader in offshore renminbi trade
The Bank of England will soon become first G7 central bank to enter into a foreign exchange swap agreement with China.
China banks no longer the main sources of long-term financing
They just provided 25% of financing to corporates in 2012.
China claims foreign banks upbeat about its economy
Weak US recovery and the persistent Eurozone crisis make China a better bet.
PBOC to speed-up SLOs
Central bank to begin carrying out more Short-term Liquidity Operations (SLO).
China to cut bank card fees
Move aims to spark domestic consumption in wake of inevitable economic slowdown.
This is what HSBC's China stake restructuring does to its capital position
It increases HSBC's 2013 fully loaded Basel III core Tier 1 ratio by 80bp to 11.5%.
China's Big Four profits to plunge in 2013
Three of four expect a 10% decrease in profit growth.
See how US investors are now more positive on China banks
They say China banks’ valuations are not expensive despite the 40% share price rally.
Credit Suisse has new CEO
Neil Harvey has been appointed CEO, Hong Kong and Co-CEO, Greater China.
StanChart and Shell China gets a go-ahead for a cross-border sweeping structure
Shell China can now use surplus cash for business needs.