China

The Industrial and Commercial Bank of China has received US government approval to take over an American bank.

Swiss financial services multinational Credit Suisse Group AG is boosting its presence in China.

It depends on the Reserve Bank of India whether or not to make any further investigation into financial irregularities at the Maharashtra State Cooperative Bank.

China's Ministry of Finance recently revised its general banking risk reserve norm to at least 1.5% from the current 1% - will this be a boon or a bane?

Asia-centric Standard Chartered PLC expects its income to rise by over 10% this year.

It’s only a matter of time before China’s banks venture overseas in large numbers to support Chinese businessmen around the globe.

Bank lending might have plunged 30% in April from March.

Looks like the regulations in 2011 were successful in reducing major risks by slowing shadow banking activities.

Bankers see the Chinese renminbi or yuan becoming a key commodities currency.

ICBC's net profit rose 14 percent year on year to 61.34 billion yuan or US$ 9.77 billion in the first quarter of 2012.

The weaker Chinese economy has claimed Bank of China, Ltd as a victim.

The China Banking Regulatory Commission (CBRC) reports on the state of China's banking industry in 2011.

Rating agency Standard & Poor’s applauds China’s amended reserve regulations.

The government hedges against a potentially disastrous rise in non-performing loans.

Banks actively seek new technology solutions to further improve market share, customer service and operational efficiency.

Cuts in required reserve ratios are not enough to fully offset the tighter liquidity conditions, says BBVA.