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  • April 21, 2014
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Results 1 - 10 of 105 for independent commission against corruption

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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

    ... 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 ... 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
  2. News - China Insider - BANKING

    Promotion of young Chinese banker with alleged military links sparks controversy online

    Posted Apr 03rd 2014, 04:14pm by Amy Li

    ... of a general from a People’s Liberation Army unit whose ex-leader is now at the centre of a corruption probe, became a hot topic on social media after papers leaked online showed he was tipped ... the young banker's reported promotion, which comes days after Gu was indicted for graft and after Gu's former boss, former Central Military Commission vice-chairman Xu Caihou, was placed ...

    http://www.scmp.com/news/china-insider/article/1463806/promotion-young-banker-military-links-sparks-controversy-online
  3. Business - Banking & Finance - BANKING

    Mainland bad loans rising but manageable

    Posted Apr 09th 2014, 01:40am by Kwong Man-ki

    ... Banking Regulatory Commission, said yesterday at the Boao forum. Yan said the current provision policy of Chinese banks would help manage rising risks from bad loans. "The non-performing loan ...

    http://www.scmp.com/business/banking-finance/article/1470116/mainland-bad-loans-rising-manageable
  4. Business - Banking & Finance - BANKING

    Concerns over a collapse in China’s underground banking sector resurface

    Posted Apr 09th 2014, 10:07am by DANIEL REN IN SHANGHAI

    ... "Sheyang's bank run provided a snapshot of the problem nationwide," said an official with the China Banking Regulatory Commission Shanghai's branch. "The negative effects from ...

    http://www.scmp.com/business/banking-finance/article/1470868/concerns-over-possibility-collapse-chinas-underground
  5. Business - Banking & Finance - BANKING

    Hong Kong banks vie for edge in yuan deposits with high rates

    Posted Apr 09th 2014, 11:14am by KANIS LI

    ... Kanis Li kanis.li@scmp.com Against falls in the currency, lenders in HK are offering rates as high as 3.8 per cent for one month per year amid signs demand is holding up Banks vie for edge in yuan deposits with high rates Hong Kong banks are stepping up efforts in the battle for yuan deposits with high interest rate promotions in the currency, which has fallen the most among Asian ...

    http://www.scmp.com/business/banking-finance/article/1470983/hong-kong-banks-compete-offer-better-terms-yuan-depositors
  6. Business - Banking & Finance - BANKING

    Mainland China banks to sell stock to bolster capital

    Posted Apr 02nd 2014, 05:45am by Bloomberg

    ... cent before the end of 2018, according to the China Banking Regulatory Commission. The nation's four biggest lenders are facing a combined shortfall of 538 billion yuan in common equity tier-1 capital by 2019 under the new requirements, Jim Antos, an analyst at Mizuho, wrote in a March 25 report. The China Securities Regulatory Commission widened banks' options to manage ...

    http://www.scmp.com/business/banking-finance/article/1462738/mainland-china-banks-sell-stock-bolster-capital
  7. Business - Banking & Finance - BANKING

    Worried depositors descend on Jiangsu bank amid insolvency rumours

    Posted Mar 26th 2014, 05:29am by Daniel Ren

    ... Regulatory Commission [CBRC]," he said. "We have sufficient capital to pay back the depositors." The CBRC and its branch in Yancheng could not be reached for comment. Concerns about ... Securities Regulatory Commission chairman Xiao Gang, who was then Bank of China boss, describing such products as China's Ponzi scheme. At the beginning of this year, a trust product launched ...

    http://www.scmp.com/business/banking-finance/article/1457321/depositors-descend-jiangsu-bank-amid-insolvency-rumours
  8. Business - Banking & Finance - BANKING

    Second branch of Chinese bank swamped as depositors pull cash

    Posted Mar 27th 2014, 12:58am by Daniel Ren

    ... and possible defaults of trust and wealth management products rippled through the system. Sheyang banking staff waved a business certificate issued by the China Banking Regulatory Commission ...

    http://www.scmp.com/business/banking-finance/article/1458020/second-branch-chinese-bank-swamped-depositors-pull-cash
  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

    ... review its remuneration system for its Hong Kong-based brokers. The system went into effect early this year. HSBC brokers, who used to be on a commission-based salary package linked to sales ... of tough competition and low trading commissions. ...

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

    Account problems cloud Hong Kong hub hopes

    Posted Mar 24th 2014, 04:45am by Benjamin Robertson

    ... services firm Sovereign Group. Over the past decade, successive initiatives to combat money laundering have forced banks into the front line in the fight against illicit money flows. This has led ... promotion agency, said bankers had assured her they did not discriminate against BVI companies. "Bank representatives, including some of the most prominent, have also acknowledged ...

    http://www.scmp.com/business/banking-finance/article/1455809/account-problems-cloud-hong-kong-hub-hopes

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