China
Bangkok Bank China opens for business
Bangkok Bank China Co. Ltd., the first Thai bank to be locally incorporated in China, has opened for business.
Bangkok Bank China opens for business
Bangkok Bank China Co. Ltd., the first Thai bank to be locally incorporated in China, has opened for business.
Yang to head SG China's Global Markets
Société Générale Corporate & Investment Banking has announced that Yang Duan is new Head of its Global Markets division for China. He replaced Gilbert Tse, who has been appointed Head of Lyxor Asset Management for China.
BEA expands Guangdong network
BEA China followed the “cross-location” trend in Foshan with the opening of its sub-branch. The bank group became one of the first mainland-incorporated foreign banks to open a “cross-location” sub-branch in Guangdong Province.
Agricultural Bank Of China awaits IPO approval
Government's nod for IPO in Shanghai and Hong Kong could raise $22 billion for the bank.
Hang Seng to open Foshan branches
Hang Seng Bank received permission from the China Banking Regulatory Commission to open its first cross-city sub-branch.
China regulator issues $73bn capital requirement for banks
Chinese banks are pressured to fund their 2010 loan growth through bond or equity issuance.
Card gives Thais same perks as Chinese
Bangkok Bank collaborated with China UnionPay to create a credit card widely accepted in China, Hong Kong, Macau and 31 other countries worldwide. Thai cardholders will receive the same privileges as local Chinese.
China Construction Bank to expand in Vietnam
National Bank's approval makes CCB first Chinese bank to establish branch in Ho Chi Minh City.
Chinese banks limited to lend $1.1tln in 2010
Analysts believe $366 billion cut from 2009 cap can be replenished as loans growth remains high.
Taiwan Banks to go slow on China
Due to unknown operating risks and strong domestic competition, Taiwan banks will be careful in penetrating China's banking sector.
HSBC to close Royal Bank of Scotland deal
Regulators' nods are the only impediment to HSBC's buying of RBS Asia units.
Zhongshan, Foshan host BEA sub-branches
The China Banking Regulatory Commission approved BEA's application to establish “cross-location” sub-branches in Zhongshan and Foshan cities.
China regulator allows banks to invest in insurers
China's banking regulator has issued decision despite caution on possible problems resulting from financial sector integration.
CMB keeps positive S&P ratings
China Merchants Bank kept its Standard & Poor’s 'BBB-' long-term and 'A-3' short-term counterparty credit ratings on CreditWatch.
China banks furnish capital raising schemes to regulator
Sources say country's top banks submitted plans of replenishing capital after they have lent $688 billion.
China's regulator to big banks: Raise capital ratios
Source says CBRC told country’s top banks to increase capital adequacy ratios by 2 percent from average.
China Minsheng’s United Commercial Bank’s acquisition attempt denied
A source says policies on foreign investments rule out possibility of China Minsheng’s UCB takeover.
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Unlocking the future of finance: Asian Banking & Finance Forum 2024 arrives in Jakarta
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Immerse yourself in the pulse of financial evolution at this premier gathering that unites visionaries from banking and finance across Asia
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