China

The new measures expand on classifying asset risks of banks.

This is their first bancassurance collaboration in Macau.

56% of the surveyed hope to achieve risk isolation through family trusts.

Stress from property sector continues to weigh.

Loan growth will remain tepid at 11%.

Customers can receive approval for their insurance policies in as fast as 1 working day.

It is the first cross-boundary wealth management in China.

The conference discusses the industry’s key issues and opportunities in China, Japan and Asia.

The business will focus on cross-border mergers and acquisitions, encompassing purchases, disposals and capital raising.

The Swiss bank is pushing to roll out its wealth business by the first half of 2023.

It is expected to have minimal impact on local banks’ capital position.

This is in connection with Hangke’s $172.85m IPO of tis GDRs.

Bao Fan was first reported missing on 16 February.

Households are taking a more conservative stance on home loan leverage, noted Fitch Ratings.

S&P estimated an NPA ratio of 7.6% as of end-2022 vs reported NPL ratio of 1.71%.

PBOC will provide financial institutions with funds equal to 60% of a loan's principal.