Shadow bank
China’s shadow banks scramble for new business as property credit collapses: report
China’s shadow banks scramble for new business as property credit collapses: report
One shadow banking employee saw his yearly pay plunge from $500,000 to $34,000.
China’s shadow banking assets will shrink to eight-year low in H2: Moody’s
Tighter regulations will drive a wedge in the connection between banks and NBFIs.
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1. OCBC to acquire $6.6b HSBC Indonesia wealth, retail banking business 2. Citi hires StanChart veteran to lead Hong Kong corporate banking 3. DBS’ net profit up 1% to S$2.93b in Q1 on record total income 4. Standard Chartered sets up AI lab to test banking use cases 5. DeeMoney CEO says trust will beat acquisitionResource Center
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CEO Phlaphongphanich said the industry is measuring the wrong things.
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