WASHINGTON/BEIJING (Reuters) – The most likely outcome for tense … Mnuchin and new White House economic adviser Larry Kudlow are seen as likely to favor a package that keeps financial markets on an even keel…
Tagged By finance
UBS Becomes First Global Bank to Take Advantage of China Opening
UBS Group AG submitted an application to acquire a majority stake in its Chinese securities venture, becoming the first global bank to take advantage of Beijing’s latest commitment to open its financial markets to foreign…
The Latest: Trump tweets ties with China will stay ‘great’
45 a.m. President Donald Trump has said on Twitter that he expects to maintain smooth relations with China. “Our great financial team is in China trying to negotiate a level playing field on trade! I…
China Bank Launches Outlet Completely Run By Robots, Making The Entire Experience ‘Personless’
Artificial intelligence and machine learning are not just random jargons coined by industry experts. They mean something to you, your career and your kid’s future. AI-powered technology has already claimed many jobs that were once…
UPDATE 1-China central bank lends 367.50 bln yuan via MLF in April
(Adds details on lending operations) SHANGHAI, May 2 (Reuters) – China’s central bank said on Wednesday that it lent 367.50 bln yuan ($57.79 bln) to financial institutions via its medium-term lending facility (MLF) in April.…
The Chinese bank branch staffed entirely by robots
Besides a bored-looking security guard at the entrance, there are no human staff present. China Construction Bank (CCB), the country’s second-largest financial institution, has opened what it says is the world’s first robot bank. The…
China Is Weakening Its Currency Before U.S. Trade Talks Begin
China weakened its daily currency fixing by more than traders and analysts had expected before high-ranking U.S. officials arrive in the country to discuss trade issues. The People’s Bank of China cut the reference level…
Lloyds’ private bank tells its wealthy clients that emerging markets are ‘THE asset class to watch’
… watch” according to Lloyds Bank’s private banking division, which advises wealthy clients on how to invest. In a review of its ten-year investment strategy, Lloyds said that emerging markets such as China, India, Indonesia…
China’s central bank injects liquidity into market in April
BEIJING, May 2 (Xinhua) — China’s central bank continued to pump cash into the money market in April to maintain liquidity at a reasonable level. The People’s Bank of China (PBOC) said Wednesday in an…
China’s central bank injects liquidity via reverse repos
China’s central bank on Wednesday injected funds into the banking system via open market operations to maintain liquidity. The People’s Bank of China (PBOC) conducted 200 billion yuan (about 31.4 billion U.S. dollars) of seven-day…
Bank of China Interview Questions
the interview was very easy. no difficult question if u were to ask me, the toughest question was about why am i interested in corporate banking and why work in a china bank. There not…
Does the People’s Bank of China have “what it takes” to join the big league of central banks?
Zhou Xiaochuan – China’s long-term central bank governor – finally stepped down from his position in the spring 2018, after more than 15 years at the helm of the People’s Bank of China (PBoC). During…
Small regional banks are weak links in China’s financial system
In the wake of the global financial crisis, China saw an explosion not only in the level of debt in the economy, but also in the development of complex and opaque shadow banking structures. The…
