A client uses the China Merchants Bank app on his smartphone in Ji’nan, East China’s Shandong province, Dec 20, 2017. [Photo/IC] China Merchants Bank Co Ltd will commit to improving its service to ent… (…
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Bank of East Asia : BEA China Becomes the First Foreign Bank to Receive Approval to Open a Full Branch in Qianhai, Shenzhen
Hong Kong, 13th July, 2018-The Bank of East Asia, Limited (“BEA”) today announces that its wholly-owned subsidiary in Mainland China, The Bank of East Asia (China) Limited (“BEA China”), has received … ( read original…
Citigroup plans China desk in India
Citigroup will set up a China business desk in India within the year betting on a pickup in investment flows within the Asian region, its Asia Pacific corporate banking head said, as concerns grow abo……
China Bank raises P10.25 billion from LTNCD offer
CHINA BANKING Corp. (China Bank) raised P10.25 billion from its long-term negotiable certificates of deposit (LTNCD), which it wants to use to stabilize its cost of funding and expand its business. At … ( read…
China central bank restarts open market operations
Pedestrians walk past the People’s Bank of China (PBOC) headquarters in Beijing, Jan 18, 2016. [Photo/VCG] BEIJING – China’s central bank restarted reverse repo on Thursday to offset the impact of mat… ( read original…
Ex-bank head returns to face trial
Xu Chaofan, former head of the Kaiping subbranch of Bank of China in Guangdong province, has been returned to China from the United States to face trial on charges of embezzlement and corruption, the ……
Bank graft suspect repatriated from US
XU CHAOFAN, suspect in a US$485 million bank embezzlement case, was repatriated back to China yesterday, 17 years after he fled to the United States, the country’s top anti-graft agency said. Xu Chaof… ( read…
China approves set-ups of branches of overseas banks
The China Banking and Insurance Regulatory Commission (CBIRC) approved the application of Arab Bank for setting up a branch in Shanghai, and the application of CTBC Bank for establishing a branch in S… ( read…
Deutsche Bank Wins Nod to Underwrite Corporate Bonds in China
Deutsche Bank AG became the latest foreign bank to be allowed to underwrite China’s corporate bonds as the government opens up the onshore debt market. The German bank has received approval from the N… (…
Beijing urges U.S. firms in China to lobby Washington over trade war
BEIJING/SEOUL (Reuters) – China on Thursday said foreign firms … prepare responses and scenarios to cope with the economic impact of the trade row. Its finance minister also warned that the dispute … ( read…
Chinese Authorities Join Hands to Combat Beijing Pollution
finance and transportation, as well as senior regional officials from Shanxi, Shandong, Henan and Inner Mongolia. China is in the middle of a program aimed at integrating Beijing with its neighbors Ti… ( read original…
China’s biggest bank corruption criminal repatriated from US
A Chinese man who embezzled $485 million from his employer in the biggest bank corruption case in China’s history was repatriated on Wednesday by U.S. authorities, the country’s anti-graft agency said … ( read original…
China’s biggest bank corruption criminal repatriated from U.S.
BEIJING (Reuters) – A Chinese man who embezzled $485 million from his employer in the biggest bank corruption case in China’s history was repatriated on Wednesday by U.S. authorities, the country’s an… ( read original…
