China
China approves Ping An stake sale
China approves Ping An stake sale
The Charoen Pokphand Group of Thailand now owns a 15.6% stake in China’s biggest private insurer.
4 key takeaways from Barclays' China bank field trip
Leadership transition in March could bring certain policy redirections in 2H12.
ICBC International doing good business
Became No.2 underwriter and No.1 Chinese investment bank in Hong Kong last year.
New bank loans to China's corporate sector declined sharply by 27%
Find out what went wrong in 2012.
Financial firms less dependent on banking credit
Continue to turn to shadow banking for funds.
CDB to finance more infrastructure projects in China
China's largest infrastructure project lender to fund more urbanization-related projects.
Consumers warned of risks over Chinese financial products
A senior Chinese banking regulator warned of risks in wealth-management products of Chinese banks.
What are the implications of China's tightened wealth management regulations?
Analysts warn that small banks may suffer and growth of the wealth management sector may slow down.
Goldman Sachs raises US$1 billion from ICBC shares
It’s the biggest share sale in Asia so far this year.
Why banks’ wealth management products need stricter regulation
The macroeconomic downturn in 2012 has gradually shifted its influence from the real economy to the financial sector. The recently exposed problems regarding wealth management products sold by banks is only one of a number of possible hidden dangers and may be an early warning of the current financial risks.
Goldman Sachs cuts its stake in ICBC for the fifth time since 2009
GS sold around 1.34b H-shares of ICBC.
China getting tougher on shadow banking
Government to publish a regional breakdown of financing flows that measures total corporate fundraising.
See how RMB payments in US depressingly slumped 38% in December
US slipped to 6th place in offshore RMB countries.
Citibank achieves first cross-border renminbi lending deal
Citibank (China) Company last week completed its first cross-border renminbi lending transaction.
UK becomes G7 leader in offshore renminbi trade
The Bank of England will soon become first G7 central bank to enter into a foreign exchange swap agreement with China.
China banks no longer the main sources of long-term financing
They just provided 25% of financing to corporates in 2012.
China claims foreign banks upbeat about its economy
Weak US recovery and the persistent Eurozone crisis make China a better bet.
Commentary
Why high capital levels are a double-edged sword for Singapore banks