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  • July 14, 2014
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Results 1 - 10 of 258 for communist party of china

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  1. News - China - BANKING

    Bank of China vice-president resigns after allegations of affairs

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

    ... Staff reporter Bank of China vice-president Wang Yongli resigns after being probed by the party's disciplinary body, which suspends him for unrelated issues Top manager quits despite being cleared of graft A vice-president of China's fourth-largest bank has resigned after he was investigated and subsequently cleared of suspicion of corruption by the Communist ...

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

    Fears of tough action by Beijing following allegation BOC launders money

    Posted Jul 11th 2014, 11:34pm by Daniel Ren

    ... The Bank of China cash-transfer service at the centre of money laundering allegations could escalate the sabre-rattling between the mainland's liberal-minded bankers and conservative regulators. That would add to fears of a heavy hand on the financial system as Beijing tries to stem massive capital outflows. On Wednesday, state broadcaster China Central Television accused BOC ...

    http://www.scmp.com/business/banking-finance/article/1552389/fears-tough-action-beijing-following-allegation-boc
  3. Business - Banking & Finance - BANKING

    Move on loan-deposit ratio in China comes with risks

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

    ... their sights on the rules. The first move towards scrapping the ratios came last week, when the China Banking Regulatory Commission excluded relending facilities from the People's Bank of China ... 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 ...

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

    CBRC orders banks to create firewall around wealth management services

    Posted Jul 14th 2014, 03:09am by Reuters, Ray Chan

    ... by the end of September, the China Banking Regulatory Commission (CBRC) said on Friday. The mainland's wealth management sector has exploded in recent years, Xinhua reported, citing the CBRC ... including China Merchants Bank, Citic Bank and Minsheng Bank, more than their peers because they were carrying more exposure to wealth management products. The three lenders' average ratio ...

    http://www.scmp.com/business/banking-finance/article/1553601/cbrc-orders-banks-create-firewall-around-wealth-management
  5. Business - Banking & Finance - BANKING

    Mainland China banking regulator to ease loan-to-deposit ratio

    Posted Jul 01st 2014, 04:05am by DON WEINLAND

    ... more arduous changes to the banking law while delivering a light boost to the economy. Starting tomorrow, the China Banking Regulatory Commission will remove three types of loans from ... of China research at Bank of America Merrill Lynch. "The impact will be quite small." The move is not an official change to the law, which would require approval from as high ...

    http://www.scmp.com/business/banking-finance/article/1543902/mainland-china-banking-regulator-ease-loan-deposit-ratio
  6. 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

    ... sensitivity of the matter, told the South China Morning Post he believed the central bank- the People's Bank of China- might be delaying FTA approval to foreign banks on purpose because Beijing wanted domestic banks to have the first go. In fact, five mainland banks have already received the permit, including three of the Big Four state lenders- Bank of China, Industrial and Commercial ...

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

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

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

    ... including the first privately owned bank. Sources familiar with the situation told the South China Morning Post that a newly established bank mainly funded by the Juneyao Group and other private ... Juneyao, China Citic Bank, a mid-sized state-owned bank, is also in the last stage of preparation to launch its new branch in the free-trade zone. Beijing-based Minsheng Bank and Singapore's ...

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

    Moody's warns Hong Kong banks over increased loans exposure to mainland

    Posted Jun 26th 2014, 11:38pm by DON WEINLAND

    ... to lenders over the next 12 to 18 months from rapidly expanding exposure to mainland borrowers. "Such expansion poses credit challenges as it increases the banks' exposures to China ... to Liao Qun, senior vice-president of strategy and planning at Citic Bank. "If China can maintain above 7 per cent growth this year, then I think the risk is low," Liao told the South ...

    http://www.scmp.com/business/banking-finance/article/1541301/moodys-warns-hong-kong-banks-over-increased-loans-exposure
  9. Business - Banking & Finance - BANKING

    Chinese and Japanese banks lead surge in Australian loans

    Posted Jun 27th 2014, 01:04am by BLOOM

    ... Bloomberg in Sydney Stable asset quality lures Chinese and Japanese players as the share of European peers shrinks Asian lenders lead surge in Australian loans Bank of China and Sumitomo ... China's banks, expanding overseas to gain the experience they need to compete with global lenders in their domestic market, have boosted loans in Australia by more than 20-fold over six years. ...

    http://www.scmp.com/business/banking-finance/article/1541218/chinese-and-japanese-banks-lead-surge-australian-loans
  10. Business - Banking & Finance - BANKING

    Standard Chartered braced for more gloom

    Posted Jun 28th 2014, 01:09am by DON WEINLAND

    ... banking business had been based on infrastructure finance in Asia, especially in markets such as China and India. As the mainland Chinese economy cooled and local debt soared, its demand for new ...

    http://www.scmp.com/business/banking-finance/article/1542080/standard-chartered-braced-more-gloom

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