China

China to liberalize interest rates further

Aim is to allow the financial sector to better serve the real economy.

CCB buys stake in 2nd biggest Russian bank

China Construction Bank among buyers of a 55% stake in VTB Bank.

ICBC loses Goldman Sachs investment

US investment firm makes US$1.1 billion by selling remaining ICBC shares.

AgBank VP fired for taking huge bribes

Yang Kun is highest-ranking bank executive to be investigated for corruption.

Urgent action needed to solve China’s massive debt problem

Inaction could result in a damaging hard landing for the economy.

Here's how China banks fared in 1Q13

Gap between big banks and JSBs narrowed.

5 signs that ICBC will outperform in 2013

It has defensive profitability and pricing power.

IMF warns China over fragile banks

Fears Chinese banks are incapable of withstanding multiple crises.

Chinese banks should do more online business

Ernst & Young also recommends they develop their intermediary business.

PBOC closes WMP loophole

Loophole used by non-bank financial institutions to hide WMP risks.

2 key negative catalysts for China banks

Barclays believes these are well flagged.

BofAML the first foreign bank to launch cash management alliance with China UnionPay

BAML's head of treasury product Faisal Ameen gives us some exclusive information on the alliance.