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  • July 15, 2014
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Results 1 - 10 of 51 for chen xitong

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  1. Business - Banking & Finance - BANKING

    Bad loans rise sharply in Shanghai bank sector

    Posted Jun 21st 2013, 12:00am by George Chen

    ... Mid-sized lenders pressured amid slump as regulator urges tighter risk controls The Shanghai branches of several mid-sized mainland banks have seen rapid increases in bad loans this year as private companies feel the pinch of the nationwide economic slowd ...

    http://www.scmp.com/business/banking-finance/article/1265370/bad-loans-rise-sharply-shanghai-bank-sector
  2. Business - Banking & Finance - BANKING

    Banks rush to open branches before Shanghai free-trade zone anniversary

    Posted Jul 08th 2014, 01:54am by George Chen

    ... George Chen george.chen@scmp.com More branches, including first privately owned bank, set to open in Shanghai free-trade zone Lenders rush in before FTZ's first anniversary ... open special onshore and offshore trade accounts and how to make money transfers between different accounts. Follow the reporter on Twitter: @george_chen ...

    http://www.scmp.com/business/banking-finance/article/1549229/banks-rush-open-branches-shanghai-free-trade-zone
  3. Business - Banking & Finance - BANKING

    Asian banks win as rich seek safety

    Posted Nov 15th 2012, 12:00am by George Chen

    ... Assets under management at Bank of Singapore will have doubled in three years as the rich change their investment thinking, says chief When the world's richest people want to manage and grow their wealth, they now consider safety of assets, not inves ...

    http://www.scmp.com/business/banking-finance/article/1082642/asian-banks-win-rich-seek-safety
  4. Business - Banking & Finance - BANKING

    Foreign banks in Shanghai free-trade zone lack permits to transfer funds freely

    Posted Jul 08th 2014, 11:58am by George Chen, Jeanny Yu

    ... George Chen and Jeanny Yu Key trade-zone permits elude foreign banks Ten foreign banks have opened subsidiaries in the Shanghai free-trade zone, but none has obtained a key permit that would allow them to take advantage of the liberalisation offered. Released from the tight controls on foreign exchange elsewhere on the mainland, firms registered in the zone are supposed ...

    http://www.scmp.com/business/banking-finance/article/1549490/lack-permit-stalls-ability-foreign-banks-ftz-branches
  5. Business - Banking & Finance - BANKING

    Move on loan-deposit ratio in China comes with risks

    Posted Jul 07th 2014, 05:26am by DON WEINLAND

    ... agrees the ratio is a drag on banks," said Chen Long, a China economist at research firm Gavekal Dragonomics. Zhang Xiaohui, the top monetary planner at the People's Bank of China, said ... their investment arms," Chen said. ...

    http://www.scmp.com/business/banking-finance/article/1548270/move-loan-deposit-ratio-china-comes-risks
  6. Business - Banking & Finance - BANKING

    CDB appoints new Hong Kong boss after Ping An loan probe

    Posted Jan 24th 2013, 12:00am by George Chen, Ray Chan

    ... George Chen and Ray Chan CDB gets new HK boss after Ping An loan probe The head of China Development Bank's Hong Kong branch has been moved back to Beijing after an internal probe into a loan deal for the US$9.4 billion bid by a Thai conglomerate for HSBC's holding in Ping An Insurance. Liu Hao, who was the Hong Kong chief of CDB for almost a year, will become a deputy ...

    http://www.scmp.com/business/banking-finance/article/1134753/cdb-appoints-new-hong-kong-boss-after-ping-loan-probe
  7. Business - Banking & Finance - BANKING

    Tighter scrutiny of potential mainland clients by banks in Hong Kong

    Posted May 20th 2014, 11:12am by George Chen

    ... George Chen george.chen@scmp.com Tighter background checks have prevented a number of wealthy mainlanders from moving money to Swiss private banks in Hong Kong Offshore accounts harder to open International wealth managers in Hong Kong, especially private banks from Switzerland, are tightening their background checks on potential mainland clients, particularly those ...

    http://www.scmp.com/business/banking-finance/article/1516079/tighter-scrutiny-potential-mainland-clients-banks-hong-kong
  8. News - China - BANKING

    Bank of China vice-president resigns after allegations of affairs

    Posted Apr 19th 2014, 01:54pm by Staff Reporter

    ... Chen Siqing, who was named president in January. Caixin cited multiple sources as saying a "lover" of the married Wang had alerted the Communist Party's Central Commission ...

    http://www.scmp.com/news/china/article/1488967/bank-china-vice-president-resigns-over-allegations-affairs
  9. Business - Banking & Finance - BANKING

    Brokers flee HSBC for Chinese investment banks in Hong Kong

    Posted Mar 11th 2014, 11:44am by George Chen; Kanis Li

    ... George Chen and Kanis Li Disputes over salaries prompt dozens of brokers to leave British lender for rivals in Hong Kong Disgruntled HSBC brokers flee to Chinese banks Dozens of former stockbrokers at HSBC have recently found new jobs at two rapidly expanding Chinese investment banks in Hong Kong after they left the British lender over disagreements on salaries. People familiar ...

    http://www.scmp.com/business/banking-finance/article/1445953/dozens-brokers-flee-hsbc-chinese-investment-banks-hong-kong
  10. Business - Banking & Finance - BANKING

    Rural mini-bank run highlights perils of deregulation in China

    Posted Mar 06th 2014, 04:01pm by Reuters

    ... a surge in risky lending. "The core problem is, after using this [co-op] structure to raise funds, effective regulation is lacking," said Chen Ping, a director of the Farmers' ...

    http://www.scmp.com/business/banking-finance/article/1441862/rural-mini-bank-run-highlights-perils-deregulation-china

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