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…
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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…
Chinese bank fined over multibillion-dollar bad-debt cover-up
China’s banking regulator has slapped a 462 million yuan (US$72 million) fine on a bank branch over a massive shell company fraud, as Beijing continues to crack down on financial risks. The China Banking Regulatory…
China: market bulls beat the short sellers — for now
Soon after the global financial crisis began to recede in 2009, an analyst at Kynikos Associates gave a presentation on China to the hedge fund’s management, led by James Chanos. What he said made their…
Bank of Beijing opens branch to support Xinjiang’s cultural, creative industries
URUMQI – The Bank of Beijing has recently opened a branch in Urumqi, capital of Northwest China’s Xinjiang Uygur autonomous region, aimed at supporting the development of the local cultural and creative industries. The branch…
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