China
ICBC appoints Sheila Bair as independent non-executive director
According to Reuters, Industrial and Commercial Bank of China Ltd has appointed Sheila Bair, the former head of the U.S. Federal Deposit Insurance Corporation (FDIC), as an independent non-executive director.
ICBC appoints Sheila Bair as independent non-executive director
According to Reuters, Industrial and Commercial Bank of China Ltd has appointed Sheila Bair, the former head of the U.S. Federal Deposit Insurance Corporation (FDIC), as an independent non-executive director.
Why big Chinese banks might be 'secretly happy' with deleveraging
Higher borrowing costs seem to be a boon for them.
HSBC to boost headcount by 1,000 in China this year
Most of them will be in the Pearl River Delta.
Why Ping An Bank's new NPL spike does not signal sharp asset quality deterioration
NPL formation rate rose to 4.17% in 4Q from 2.96% in 3Q.
Is China's banking sector prepared for a meltdown?
Rising risks plague China banks amidst slowing economy.
Chinese banks urged to enhance risk-based pricing competencies
This is so they can benefit from interest rate liberalisation.
3 in 5 Chinese bankers expect NPLs to peak in a year or two
They still believe that NPLs have not been fully exposed.
Don't be fooled by Chinese banks' reported improvement in asset quality
Profitability has been further reduced, as well as solvency ratios to a lesser extent.
Which Chinese banks are most vulnerable to WMP shocks?
They account for 41.4% of the total market share of WMPs.
Chinese banks' undocumented wealth products surge 30% to $3.8t in 2016
It outpaced the 10% growth for normal lending.
Citi China gets go-ahead to act as a bond settlement agent in the China Interbank Bond Market
It's the first and only American bank to be granted such a license.
Chinese bankers brace for "brutal bonus season": Reuters
Dwindling business on local stock markets is to blame.
China banks in 2017: No rebound in sight, rising risks for smaller banks
China bank risk is on the rise. The unweaving focus by both markets and regulators – ranging from individual bank to financial system stability as a whole – reflects a sense of urgency that actions are needed to contain the risk. This is no easy job. And at least in the government’s mind, it requires not only a trade-off between short-run profitability and long-term system risk of commercial banks, but also balancing the interest between different players in the financial industry, for example, insurers and asset management corporations (AMCs).
Chinese banks' deteriorating asset quality mitigated by debt to equity swaps
8% special-mention loans is already offloaded.
Chinese banks to find it costly to issue wealth management products this year
Regulators are tightening rules on WMPs.
Chinese banks' good capital buffers mask 3 key weaknesses
2017 might prove more difficult in terms of solvency.
OCBC's loan growth in Chongqing tripled in November 2016
Thanks to the launch of the Chongqing Connectivity Initiative.