China

HSBC executes first RMB export settlement in Bangladesh

Bangladesh’s exports to China are expected to grow 12% in 2012.

CCB to do M&As abroad

Intends to become a global bank by 2015.

China to tackle renminbi convertibility

Deregulation also necessary to carry out financial reforms.

China's banking and finance chiefs purged

Zhou Xiaochuan will step down as Governor of the People’s Bank of China.

Bad loans on the rise for China's banks

NPLs up for four consecutive quarters.

ICBC continues Middle East expansion

To open branches in Saudi Arabia and Kuwait, and invest in South Africa.

BOC given 3.1-B yuan credit quota

Program's total value is 50 billion yuan.

Bank of China eyes cheap overseas acquisitions

Acquisition of cheap financial assets overseas.

In private equity, China is (still) the next big thing

The US and European Private Equity (PE) industry has taken repeated hits after the escalation of the financial crisis in September 2008. LBO markets came to a halt through banks’ inability and unwillingness to lend.

SME financing taken on by Chinese local governments

China introduces a new category of bonds specifically for SMEs.

Chinese M&As hit US$93.1 billion

Cash-rich Chinese banks and firms are splurging on mergers and acquisitions abroad.