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  • July 26, 2014
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  1. Business - Banking & Finance - BANKING

    Too big to jail? No bank above the law, says US Attorney General

    Posted May 06th 2014, 09:31am by AFP

    ... of anonymity. And the Wall Street Journal reported that Credit Suisse was about to reach an agreement with the US Justice Department to pay a US$1 billion fine and plead guilty to helping wealthy ... Agricole and Societe Generale, laundered money and broke US embargoes by doing business with countries such as Cuba and Iran, a source close to the investigation said. The Wall Street Journal said ...

  2. Business - Banking & Finance - BANKING

    UOB, ANZ may bid for Wing Hang Bank

    Posted Sep 29th 2013, 12:00am by Reuters

    ... and UOB were among the companies considering a bid for the Hong Kong lender. The Wall Street Journal also cited people familiar with the matter as saying UOB and ANZ had shown interest. Wing Hang ... has soared since takeover talk started. The Wall Street Journal reported this month that ANZ had dropped its US$900 million-plus bid for the main Australian businesses of British lender Lloyds ...

  3. Business - Banking & Finance - BANKING

    Bocom chairman to take control at policy bank

    Posted Apr 11th 2013, 12:00am by JANE CAI, George Chen

    ... Regulatory Commission and CIC chairman Lou Jiwei became minister of finance. Xiao is expected to be replaced by Tian Guoli, chairman of China Citic Bank, the Wall Street Journal reported this week. ...

  4. Business - Banking & Finance - BANKING

    China's Big Four banks lend 53pc more in March on investment boom

    Posted Apr 04th 2013, 12:00am by JANE CAI

    ... and 370 billion yuan in January, the official China Securities Journal reported yesterday, citing unnamed sources. The aggregate lending of the Big Four- Industrial and Commercial Bank of China, ...

  5. Business - Banking & Finance - BANKING

    Big Four's new-loans quota for 2013 'close to 3tr yuan'

    Posted Jan 19th 2013, 12:00am by JANE CAI

    ... and Bank of China (BOC)- are likely to have a combined quota of nearly three trillion yuan in new credits, slightly higher than last year, the official China Securities Journal reported yesterday, ...

  6. Business - Banking & Finance - BANKING

    PBOC sets loan reserve ratios for small banks

    Posted Nov 03rd 2012, 12:00am by PHOENIX KWONG

    ... economy. The new policy was disclosed in a report published yesterday in the official China Securities Journal that quoted the central bank deputy governor Pan Gongsheng. The report did not provide ...

  7. Business - China Business - BANKING

    Industrial Bank posts 41pc rise in earnings

    Posted Nov 01st 2012, 03:46am by Kwong Man-ki

    ... night. According to an earlier report in the official China Securities Journal,  the non-performing loan ratio of banks in Wenzhou, the mainland's entrepreneurial hub, rose for the 12th ...

  8. Business - Banking & Finance - BANKING

    Report hints dividend cuts could go beyond Big Four banks

    Posted Sep 22nd 2012, 12:00am by Kwong Man Ki

    ... meeting regulatory requirements on capital and rewarding its shareholders. But yesterday an article in state-owned China Securities Journal, citing unnamed official sources, indicated that other ...

  9. Business - Banking & Finance - BANKING

    Asset worries see Minsheng Bank take a tumble

    Posted Sep 06th 2012, 12:00am by Lulu Chen

    ... Another regulatory change recently will also affect earnings at the bank. The official Shanghai Securities Journal said the China Banking Regulatory Commission approved draft rules at the end ...

  10. Business - Banking & Finance - BANKING

    China central bank warns of bad loan ratios as slowdown continues

    Posted Oct 13th 2012, 12:00am by Victoria Ruan

    ... for small businesses and exporters in Zhejiang, reported a 12th consecutive month of rise in average non-performing loan ratio at the end of August to 3 per cent, the China Securities Journal said. ...




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