China

Two top banks enter into agreement worth up to US$2 billion.

Western candidates wanting to work in China’s banking capital, Shanghai, should first get to grips with how regulatory change is creating an increasing number of niche jobs for foreigners.

The key is more diversified income sources.

The rules will be implemented from 1 January 2013.

Check out what Barclays has to say.

That is lower than October's CNY220b.

To become third largest BEA shareholder.

Interest rate reform will continue shaving margins.

Top investment banks ask the BoE to provide a swap line.

Still manageable said the China Banking Regulatory Commission.

Total debt is a staggering US$24 billion.

Be regional banks.

It is the first foreign bank to have been granted approval.

Fujitsu Technology Corporation builds US$29.5 million center.

Turns to London to jump start transformation into financial center.

Moody's says China must speed-up the pace of financial reform.