China

Bank of East Asia (China) Ltd has opened a sub-branch in Zhanjiang, Guangdong province to provide comprehensive renminbi and foreign currency banking services.

The former Shenzhen Development Bank will now operate under the name Ping An Bank after it has been absorbed in a merger.

Banks are being encouraged to stimulate China’s economic growth at the local level by lending more to local governments and business firms.

China reiterates its promise to boost bank loans to the more productive sectors of its wallowing economy and away from real estate speculation.

Bank of China enters into a partnership with Switzerland’s largest private bank after surrendering its wealth management business.

Malaysia’s Bank Muamalat Malaysia Bhd and Bank of Shizuishan will open an Islamic bank in Ningxia Province within two years.

CITIC Securities Company Ltd is about to complete the acquisition of Credit Agricole’s Hong Kong-based brokerage for US$1.25 billion.

Foreign banks still look towards revenue growth of 20% in China despite the country’s unnerving economic slowdown.

Mainland investments in Taiwan’s banking industry account for 31% of all of China’s investments in Taiwan since 2009.

Positive growth metrics mask the uncomfortable reality that a recovery of China’s economy in the second half will be temporary.

The Suzhou arm is the JP Morgan's sevent branch in mainland China. 

Agricultural Bank of China will not raise equity to cope with a rise in its non-performing loan portfolio.

China’s recent credit liberalization could be endangered by lax fiscal policies.

Sales of wealth management products in China jumped 43% to US$1.90 trillion during the first half of the year.

China welcomed a WTO ruling dismissing U.S. accusations that China's Union Pay barred foreign service providers from entering the Chinese market.

Free market interest rates will hurt China’s banking sector but are inevitable.