Huarong
Local bond market’s problems heighten Chinese banks' credit risks
Local bond market’s problems heighten Chinese banks' credit risks
The bond market’s repayment woes may force banks to make concessions for the sake of financial stability.
China’s Huarong likely to receive extraordinary government support: S&P
This also bodes well for its overseas bond issuer Huarong International.
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1. Hang Seng unveils MTR Jordan Station Retail Banking Centre 2. HSBC, Allianz Life launch wealth growth and life protection plan in Malaysia 3. OCBC, Ant Int’t to deliver embedded financial services to Indonesian SMEs 4. ANZ names Stephen White as group executive operations 5. Citi nabs BofA banker to lead Chinese banking operationsResource Center
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BCG’s Tushar Agarwal emphasises that transformation relies on mobilising people and understanding their motivations
He highlights the importance of cultural context, workforce mobilisation, and data-driven strategies in financial sector innovation.
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Young Malaysians, big money mistakes: What’s going wrong with Islamic financial behaviour?