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  • July 12, 2014
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Results 1 - 10 of 20 for wang qishan

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  1. Business - Banking & Finance - BANKING

    Move on loan-deposit ratio in China comes with risks

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

    ... to restrain loans to [state-owned firms] even if the return is low," said Wang Qinwei, an economist at research firm Capital Economics, in London. The PBOC unofficially uses the interest rate on deposits as a benchmark. Major reform to the ratio or lending quota, another quantitative tool, could still be far off, Wang said. Despite pressure from the central bank to speed up reform, ...

  2. 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 ... Party's top disciplinary body, mainland media reported. Wang Yongli, 50, a vice-president and executive director of Hong Kong-listed Bank of China, had resigned from the bank, effective from ...

  3. Business - Banking & Finance - BANKING

    Alibaba's online fund Yu E Bao rakes in the yuan as banks suffer

    Posted Mar 01st 2014, 01:14am by Keira Lu Huang

    ... to have 400 billion yuan under management- with about 150 billion yuan added in the four weeks around the Lunar New Year, fund researcher Wang Qunhang said. That makes Yu E Bao China's biggest money market fund, said Wang, who is director in charge of funds evaluation at Ji'an Financial Information in Beijing. However, observers and researchers are cautious about whether ...

  4. Business - Banking & Finance - BANKING

    Chinese banks' asset quality remains under pressure

    Posted Feb 15th 2014, 01:47am by Kwong Man-ki

    ... in the third. Growth for this year was forecast at 7.4 per cent, a Bloomberg survey showed. Wang Tao, an economist at UBS Securities, expects mainland banks' bad loans to keep growing this year ... said "The overcapacity problem in various industries will be a major concern," Wang said. The bad-loan figures might not be able to reflect the actual loan quality of banks ...

  5. Business - Banking & Finance - BANKING

    Loans to small and micro firms 'crucial' for lenders

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

    ... of China said. Wang Xiaoming, a vice-general manager of personal banking, said BOC had restructured and revised its processes since last year to facilitate micro loans to tap the "ocean" ... to grow its loan business, Wang said. "Large enterprises have their own problems, which will constrain them from growing rapidly," he said. "These companies have other financing ...

  6. Business - Banking & Finance - BANKING

    Lenders offer new investment route

    Posted Oct 18th 2013, 04:31am by JANE CAI

    ... forced the China Banking Regulatory Commission in March to ask banks to cut exposure to non-standard WMPs, mostly trust firm-initiated products with high risks. Wang Yanxiu, the director ...

  7. Business - Banking & Finance - BANKING

    China's asset-backed securities market expands despite worries

    Posted Sep 09th 2013, 12:00am by JANE CAI

    ... were safe because they were sold by semi-government agencies. These were the lessons China should learn, said Wang Jian, an economist at the US Federal Reserve Bank of Dallas, on his Sina ...

  8. News - China - BANKING

    JP Morgan Chase faces US probe for hiring Chinese princelings

    Posted Aug 18th 2013, 09:30am by George Chen, Ray Chan

    ... daughter were not alone. Industry sources told the Post that the daughter of Vice-Premier Wang Yang had worked for a major European investment bank for many years in Hong Kong. The daughter of Han ...

  9. Business - Banking & Finance - BANKING

    CCB rules out lay-offs in shuffle

    Posted Jun 28th 2013, 12:00am by KANIS LI

    ... be added in overseas markets on top of the current 10 branches and five subsidiaries outside the mainland, chairman Wang Hongzhang said. In August 2006, CCB acquired Hong Kong's Bank ... will be no lay-offs and salary cuts after the integration of businesses," Wang said at the opening of CCB Centre at Kowloon Bay. The centre will house the bank's back-office operations. Staff ...

  10. Business - Banking & Finance - BANKING

    CCB expects loan quality to remain stable this year

    Posted Mar 26th 2013, 12:00am by JANE CAI, KANIS LI

    ... will be a less difficult year compared with 2012." chairman Wang Hongzhang said at a press conference in Hong Kong. The continuing interest rate liberalisation may dent its net interest margin ... higher than benchmark rates, and loan rates up to 30 percentage points lower. Wang said interest rate liberalisation will lead to a change in banks' operating structure. "This ...




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