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…
Tagged By financials
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…
China Minsheng Banking : Minsheng Bank 1Q net profit up 5.2% to Rmb14.94bn
5.23% year-on-year to Rmb14,942 million. Basic and diluted earnings per share were Rmb0.41. Operating income amounted to Rmb36,748 million, an increase of 1.36% from a year earlier. Net interest income amounted to Rmb15,741 million, a…
Oversea Chinese Banking : China Factory Activity Slows Slightly in April — Update
BEIJING–China’s factory activity slowed a tick in April due … an economist with Oversea-Chinese Banking Corp. “Chinese companies are having a much harder time this year than last year, as borrowing costs have risen a…
BRIEF-China Internet Nationwide Financial Says Independent Committee Completed Investigation Into Allegations In Muddy Waters Report
* CHINA INTERNET NATIONWIDE FINANCIAL-INVESTIGATION FOUND NO MATERIAL INCONSISTENCY BETWEEN GROSS REVENUE IN CO’S BOOKS & RECORDS & REVENUE REPORTED IN SEC REPORTS * CHINA INTERNET NATIONWIDE FINANCIAL – INVESTIGATION FOUND ACQUISITION OF BEIJING ……
Is Regulation Finally Taming Shadow Banking in China?
Having injected fresh energy into the curbing of shadow banking during last year’s final quarter, it seems that China is now finally seeing its efforts starting to pay off. The once-booming controversial financial sector, which…
BRIEF-China Development Financial Holding unit disposes stake in Qisda for T$3.43 bln
* Says its unit CDIB Capital Group disposes 149.5 million shares of Qisda Corp, at the average price of T$22.954 per share, for T$3.43 billion in total ( read original story …)
ADVERTISEMENT
