China: One of the Chinese central bank’s deputy governors has been appointed the vice-mayor of Beijing, according to an official government announcement. Yin Yong, who was appointed deputy governor of the PBoC in 2016, was…
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China and the west head for a clash of systems
The Davos splash made last year by Xi Jinping, China’s leader, derived from his apparent defence of globalisation. His message played well to the globetrotting elite, but a year later the disharmonies between China and…
BMO boosts ties with Chinese bank as country vows to open up sector
Bank of Montreal is venturing deeper into China by expanding its relationship with the country’s largest state-owned bank. A new memorandum of understanding with Industrial and Commercial Bank of China Ltd. (ICBC), signed in November…
Shanghai Pudong Development Bank fined $72 mln by CBRC over bad loans
A new round in China’s campaign against market wrongdoing in the financial sector is unfolding, with the Chengdu branch of the Shanghai Pudong Development Bank (SPD Bank) being the latest to be penalized for illegal…
How a China Bank Foxed Regulators And May Force a Market Rethink
NSE’s Limaye Says Options Open To Stop Futures Trade From Moving To Singapore Modi’s ‘Sabka Saath’ And WEF 2018’s ‘Shared Future’ Why Jhunjhunwala, Damani Joined The Race For Binani Cement From Farm To Market: A…
UPDATE 1-Credit Suisse names new heads of Asia investment banking, Greater China
* Stoehr adds the role of Greater China chief executive (Adds details from Credit Suisse statement) HONG KONG, Jan 22 (Reuters) – Credit Suisse named two senior executives of the bank on Monday to replace…
Bank of Canada expected to hike key interest rate to highest level since 2009
The Bank of Canada is widely expected to hike its benchmark interest … including his pledge to start a trade war with China, and to force Mexico to pay for a border wall. He expects…
Credit Suisse names new heads of Asia and greater China investment banking
Credit Suisse has named new heads of greater China and Asia Pacific investment banking and capital markets as departing veteran deal-maker Mervyn Chow vacates the latter role. The Swiss bank said in a statement on…
Exports, consumers drive China’s 6.9 per cent growth in 2017
Buoyant consumer spending and robust exports helped drive the faster expansion, as the economy defied expectations of weaker growth in the latter half of the year due to curbs on bank lending. The data show…
Credit Suisse : Appoints New Heads to Investment Banking and Greater China Teams
Credit Suisse Group AG (CSGN.EB) said Monday that it has appointed new heads to both its Asia Pacific investment banking and capital markets team and its Greater China team. The Swiss financial-services company said Zeth…
MOVES-Credit Suisse names new heads of Asia investment banking, Greater China
HONG KONG, Jan 22 (Reuters) – Credit Suisse on Monday named a new Greater China chief executive and a co-head of Asia Pacific investment banking and capital markets to replace senior banker Mervyn Chow, who…
China defends role in trade after US criticism
BEIJING (AP) — China’s foreign ministry has defended its role in global trade after the U.S. government said it was a mistake to support Beijing’s World Trade Organization membership on terms that failed to open…
China’s ambitious modern Silk Road initiative hits political, financial hurdles
From Pakistan to Tanzania to Hungary, Chinese President Xi Jinping’s ambitious modern Silk Road initiative hits political, financial hurdles China’s plan for a modern Silk Road of railways, ports and other facilities linking Asia with…
