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  • October 22, 2014
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  1. Business - Banking & Finance - BANKING

    PBOC's liquidity boost raises fears over third-quarter Chinese GDP data

    Posted Oct 21st 2014, 04:39am by DON WEINLAND

    ... do this before the release of the data." The central bank has yet to comment on the liquidity boost, which mainland media reports have put at between 200 billion and 400 billion yuan ...

  2. Business - Banking & Finance - BANKING

    Zhang Hongli lawsuit 'will hurt Deutsche Bank's ICBC relationship'

    Posted Aug 25th 2014, 03:33am by DON WEINLAND

    ... that Zhang had complied with regulations and the law during his time at Deutsche Bank. Deutsche Bank declined to comment. ...

  3. Business - Banking & Finance - BANKING

    Tencent gets official approval to create private bank in Qianhai

    Posted Jul 26th 2014, 01:39am by DON WEINLAND

    ... producer Huabei will hold a 20 per cent stake in the private bank in Tianjin, with developer Maigou holding an 18 per cent stake. Ricky Lai, an analyst at Guotai Junan International, said ... such as WeChat," Lai said. In March, the banking regulator announced that 10 private companies had been included in a private banking pilot programme approved by the central government in January. It said ...

  4. Business - Banking & Finance - BANKING

    Bocom in reform push for increased private ownership

    Posted Jul 29th 2014, 01:05am by DON WEINLAND

    ... questions over whether HSBC would increase its stake in Bocom if given a chance. HSBC declined to comment on the topic, saying only that Bocom "continues to be a key strategic partner ...

  5. Business - Banking & Finance - BANKING

    Alibaba teams up with mainland banks to offer loans to SMEs

    Posted Jul 23rd 2014, 01:33am by Sophie Yu

    ... are willing to join internet firms as more loans mean more interest income for them," said Ricky Lai, an analyst at Guotai Junan International. He expected to see more internet finance products ...

  6. Business - Banking & Finance - BANKING

    BNP Paribas chief operating officer decides to step down

    Posted Jun 13th 2014, 05:57am by Reuters

    ... A spokeswoman for the bank said he had planned to retire this year anyway and would not comment further on the US proceedings. A source familiar with the matter said last week the bank ...

  7. Business - Banking & Finance - BANKING

    Barclays to begin cutting jobs in the Asia-Pacific

    Posted Jun 04th 2014, 05:08am by Bloomberg

    ... for the bank." Wu Sheng would be appointed to lead Barclays' Greater China coverage, the person said. Koo and Wu both declined to comment. The firm plans to cut 19,000 jobs over three years, ...

  8. Business - Banking & Finance - BANKING

    RBS to sell stake in private equity arm for £100 million

    Posted May 30th 2014, 01:10am by BLOOM

    ... which is based in Chicago, declined to comment. The bank began the process of spinning off the private-equity fund last year. The unit, which raised £1.1 billion from investors in 2007, takes ...

  9. Business - Banking & Finance - BANKING

    BNP faces US$10b sanctions settlement, source says

    Posted May 31st 2014, 12:59am by BLOOM

    ... of the Treasury's Office of Foreign Assets Control. Spokesmen for BNP, the justice department, the Fed, the treasury, Lawsky, and Vance declined to comment. US authorities are seeking a record fine against ...

  10. Business - Banking & Finance - BANKING

    13 banks in spotlight after Credit Suisse penalty in US tax probes

    Posted May 27th 2014, 01:34am by BLOOM

    ... and Mizrahi have pleaded guilty, and dozens of bank customers have helped the government investigation. Beny Shoukron, a Mizrahi spokesman, and Leumi spokesman Lee Neumann declined to comment ...




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