China
China dominates world's largest banks even as Europe flexes financial muscle
Chinese lenders held the top four places in overall ranking based on Tier 1 capital.
China dominates world's largest banks even as Europe flexes financial muscle
Chinese lenders held the top four places in overall ranking based on Tier 1 capital.
Chinese bank asset growth slows to 6.6% in Q1 amidst deleveraging campaign
This compares to 15.7% a year ago.
JPMorgan to beef up Chinese investment banking team by up to 50%
It seeks to expand investment banking coverage to tech firms.
Union Bancaire Privée's Eric Morin reveals the bank's fierce ambition to thrive in Asia
Should local Asian private banks be threatened as the major Swiss player enters the scene?
China has over 7 billion bank cards in circulation in 2017
Each Chinese person has about 5 cards on average.
Chinese banks brace as more reserve cuts loom to boost credit-short SMEs
Easing monetary policy will ease credit crunch firms face as part of the shadow banking crackdown.
China slashes reserve requirement to counter trade war pressures
The move releases around $108b in fresh liquidity into the system.
Alibaba-backed online lender MYBank opens up tech solutions to other banks
The company is similarly boosting the digital transformation of other banks.
Chinese audit office slams illegal activities by major banks
ICBC, BOC, and Citic extended loans to unqualified companies.
Chinese banks bad loans surge to $292.55b in May
NPL ratio also rose from 1.75% to 1.9%.
Tighter rules targeting shadow banking put brakes on China banks' expansion
The country’s slowing economy is about to squeeze banks’ profits and drive even greater costs.
Chinese bank credit continues to build up despite deleveraging campaign
Sustained expansion in household debt pose risks to the sector’s stability.
New loans extended by Chinese banks hit $179.51 b in May
Credit continues to build up in the system despite deleveraging efforts.
Chinese fintech companies are tapping on Asia's unbanked
Indonesia and other Southeast Asian markets are the target markets.
Chinese banks have yet to feel the brunt of deleveraging campaign
Lenders have been turning to negotiable certificates of deposit to offset interbank borrowing.
China banks move forward on liquidity risk management front
Lenders may soon shun less stable short-term funding sources amidst clearer guidelines.
Ten Chinese banks onboard SWIFT gpi for faster cross-border payments
Three of the country’s Big 4 lenders are already live on the payments initiative.