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China's Big Banks to Curtail Second Half Lending
The Bank of China was punished by the central bank for having issued as much as 901 billion yuan in loans.
July 29th,2009
China's Banks Riding High in the World Ratings
Now it seems top bankers are a more homogenous group, and many will be speaking Chinese or Spanish, with a fair amount of English thrown in, and just a soupcon of Japanese.
July 20th,2009
China's Lavish Lending to Last, at Least for Now
On the same day China's central bank, the People's Bank of China (PBoC), declared it would continue a loose monetary policy, 10 Chinese banks signed a syndicated loan contract for 18 projects totaling 176.2 billion yuan, China's largest syndicated loan in the history of its banking industry.
June 26th,2009
Biggest Shake Up of the US Financial System by President Obama Since the 1930s
The historically significant plan will have at its center piece a new Consumer Financial Protection Agency in order to fulfill President Obama's identification with protection against questionable financial products.
June 17th,2009
China's Bank Lending Growth Slows and Shifts to Private and Personal Loans
As the peak period for the investment of big projects included in the government's economic stimulation plan has passed, and banks are doubtful about the strength and sustainability of the economic rebound, new lending is estimated to decline further in May.
June 3rd,2009
PNC Global Investment Servicing Launches Fund Distribution Support In Asia
Localized Service Connects Asia-based Investors to U.S. and European Fund Firms
May 27th,2009
Bullish GS Announces No Reduction in Its ICBC Shares, Again
Singapore's Temasek is similarly bullish with GS about China's banks, not merely resisting any reduction in holdings but actively adding to its stash.
May 19th,2009
Hopu-Led Investors Grab Stake in CCB from Cash-Crunched Bank of America
BoA, under pressure from American financial authorities to raise capital, sold the shares for HKD 4.2 each, a 14.3% discount from Monday's closing price.
May 13rd,2009
Chinese Banks Allowed to Open Domestic Forex Accounts for Overseas Companies
Large-scale SOEs undertaking investment and M&A overseas are looking to set up their foreign exchange accounts in Chinese banks, including banks in China.
May 6th,2009
Bank Watchdogs See Risks Rising from 6.1% Q1 GDP Growth
The CBRC is also very worried about loans to local government projects
April 16th,2009
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