China

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.

Government's nod for IPO in Shanghai and Hong Kong could raise $22 billion for the bank.

Hang Seng Bank received permission from the China Banking Regulatory Commission to open its first cross-city sub-branch.

Chinese banks are pressured to fund their 2010 loan growth through bond or equity issuance.

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.

National Bank's approval makes CCB first Chinese bank to establish branch in Ho Chi Minh City.

Analysts believe $366 billion cut from 2009 cap can be replenished as loans growth remains high.

Due to unknown operating risks and strong domestic competition, Taiwan banks will be careful in penetrating China's banking sector.

Regulators' nods are the only impediment to HSBC's buying of RBS Asia units.

The China Banking Regulatory Commission approved BEA's application to establish “cross-location” sub-branches in Zhongshan and Foshan cities.

China's banking regulator has issued decision despite caution on possible problems resulting from financial sector integration.

China Merchants Bank kept its Standard & Poor’s 'BBB-' long-term and 'A-3' short-term counterparty credit ratings on CreditWatch.

Sources say country's top banks submitted plans of replenishing capital after they have lent $688 billion.

Source says CBRC told country’s top banks to increase capital adequacy ratios by 2 percent from average.

A source says policies on foreign investments rule out possibility of China Minsheng’s UCB takeover.

Soros Fund Management LLC, founded by George Soros, has spent $100 million to invest in China Minsheng Banking Corp Ltd. It plans to issue 3.82 billion H shares in an initial public offering on the Hong Kong Stock Exchange, sources reported.