China

Chinese banks face weaker growth in 2013

Interest rate reform will continue shaving margins.

Bank of England urged to back renminbi trading

Top investment banks ask the BoE to provide a swap line.

China claims NPLs under control

Still manageable said the China Banking Regulatory Commission.

Chinese banks rush to sell subordinated debt

Total debt is a staggering US$24 billion.

Standard Chartered China gets approval for RMB3.3b loan quota

It is the first foreign bank to have been granted approval.

Guangdong opens data center for financial institutions

Fujitsu Technology Corporation builds US$29.5 million center.

Chengdu aims to become the new Hong Kong

Turns to London to jump start transformation into financial center.

Chinese financial reforms a must for GDP growth

Moody's says China must speed-up the pace of financial reform.

New anti-corruption drive in Chinese banks

Executives of state-owned banks told that ostentation is a no-no.

HSBC executes first RMB export settlement in Bangladesh

Bangladesh’s exports to China are expected to grow 12% in 2012.

CCB to do M&As abroad

Intends to become a global bank by 2015.

China to tackle renminbi convertibility

Deregulation also necessary to carry out financial reforms.

China's banking and finance chiefs purged

Zhou Xiaochuan will step down as Governor of the People’s Bank of China.

Bad loans on the rise for China's banks

NPLs up for four consecutive quarters.