China

Risk of massive default by Chinese banks increases

Seven-fold surge in trust loans worries central government.

Risk of massive default by Chinese banks increases

Seven-fold surge in trust loans worries central government.

Chinese banks’ new loans may soar by 83%

Here’s how the 4 big banks drive the momentum.

China to use forex reserves for commercial loans

China has set up an office to handle trusted loans of foreign exchange reserves.

Here's why ICBC outperformed CCB

Find out the 2 factors that led to ICBC's outperformance.

Bank service said to affect domestic bliss

A China Merchants Bank service could deposit part of a husband's monthly salary into his wife's account.

China's Industrial Bank increase profits by 36%

The net profits of China's Industrial Bank rose to 34.71 billion yuan in 2012.

Postal Savings Bank of China CEO officially arrested for corruption

Tao Liming’s arrest comes after being jailed for several months.

Industrial and Commercial Bank of China to open in New Zealand

The world’s biggest bank continues aggressive overseas expansion.

China Minsheng to do investment banking in Hong Kong

Internationalization of the renminbi fuels move.

Bank of China establishes Middle East subsidiary

Bank of China Ltd opens office in Dubai.

China's bankcard spending increases

Chinese bankcard spending surged as travel-related expenditures and shopping increased during the New Year.

China's SPD Bank sees profits rise 25%

Shanghai Pudong Development Bank's profits reach 34.16 billion yuan (5.43billion U.S. dollars) last year.

China's Industrial Bank allowed to issue more shares

Industrial Bank Company Limited can now issue no more than 1.92 billion additional A shares to specific investors.

3 reasons why cross-border RMB business is lucrative for BOC

Its offshore settlement reached RMB948bn, a 30% market share.

See how the small Chinese banks surprisingly outperformed the Big 4

Thanks to a more generous Basel III timeline released in December.