China
New anti-corruption drive in Chinese banks
New anti-corruption drive in Chinese banks
Executives of state-owned banks told that ostentation is a no-no.
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.
Chinese bank NPLs set new record for scariness
Total NPLs jump to US$77 billion in Q3.
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.
Check out how China's total social financing will reach a new record of CNY15t
The previous peak was CNY14 trillion in 2010.
Top 5 Chinese banks face challenges in interest liberalization
Very profitable despite a slowed economy.
China's new loans only reached a measly RMB505.2b in October
Blame it on lower small-business lending.
ICBC to buy 80% of Standard Bank Argentina
The largest bank in Latin America.
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.
Commentary
Why high capital levels are a double-edged sword for Singapore banks