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.

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.