China

JPMorgan Chase & Co has raised its capital of its Chinese division to over US$1 billion to exploit broader opportunities arising from a further liberalization of China’s banking sector.

China has taken a key step towards making the yuan or renminbi a truly global currency.

So far loan growth year-todate was mainly driven by short-term corporate loans and discounted bills, says Barclays Research.

China’s decelerating economy has compelled China’s banks to accept private investments to generate funds for lending to small and medium enterprises.

China’s banking sector is lending less and less because of the spreading economic slowdown.

Chinese banks bought US$110.2 billion on behalf of clients in April and sold US$113.9 billion U.S. dollars, resulting in a net sale of 3.7 billion U.S. dollars.

China's banking regulator told its financial institutions to focus more on attracting private investment.

Why are the banks in two of the world’s better-performing economies under government scrutiny?

BBVA suggests PBoC should cut rates asymmetrically to help stimulate the demand for loans but warns that bank profitability may have to suffer.

China's banks reported a reduction in bad loans fall and the maintenance of capital strength in the first three months of 2012.

A Chinese professor at Yale University believes the acquisition of control over Bank of East Asia by the Industrial and Commercial Bank of China and its financial partners will be the first of many by Chinese banks.

The non-performing loan ratio in the first quarter for China's commercial banks went down by one percent from last year at 0.9 percent.

The government again goes to bat for small businessmen.

Lack of new loans continue to haunt China's four biggest banks in the first two weeks of May.

Australia & New Zealand Banking Group Ltd. (ANZ) will triple the size of its banking network in China.

HSBC (China) Company Limited opened a new branch in Harbin, capital of northeast Heilongjiang province.