China
Chinese banks' bad loans rocket to eight year high
Chinese banks' bad loans rocket to eight year high
Fuels fears of excessive and massive debt.
Minsheng Bank to launch new bankcards
Bankcards could offer annual yields of 5%.
China imposes stricter LGFV issuance rules
Issues new criteria for denying filings.
China keeps chokehold on shadow banking
Aggregate financing falls to RMB856.4 billion.
ICBC officially labeled “too-big-to-fail” global bank
Increases number of G-SIBs to 29.
PBOC reports weaker TSF of RMB856b in October
On back of lower RMB loans.
Rebound predicted for financial sector salaries across Asia
Here's why the grass will be greener.
China Cinda to list in Hong Kong
“Bad bank” will begin determining demand this week.
World Bank issues world’s first “women’s bonds”
Will raise money for businesses owned or run by women.
CDB launches offshore renminbi debt issuance
The first time for China Development Bank Corporation.
Peer-to-peer lending growing 20% in China
Banking assets also rise 20% annually.
BOC goes after trade opportunities at Shanghai FTZ
Will open a branch at the new FTZ.
Deutsche Bank China's sub-branch plans in Shanghai FTZ get go-ahead
Will focus on cross-border transactions.
Why 2013 is just the beginning of NPL waves for China banks
Around RMB 5trn expected over the next five years.
CDB named Asia’s safest emerging markets bank
Selected by Global Finance magazine.
Bank of China launches "Micro-Bank"
It’s also available through WeChat and Yixin.
US investigates questionable JPMorgan hiring practices in Asia
JPM allegedly hiring children of powerful officials to win business deals. Media reports said US authorities are investigating the hiring practices of JP Morgan Chase in China, India, South Korea and Singapore following a probe into its activities in China where it employed children of influential officials to win lucrative business deals.
Commentary
Singapore's next payments opportunity
DIFC's reforms open new doors for Asian businesses: Is yours ready?
Why Asia’s private wealth industry requires a new era of governance
APAC has mastered domestic payments. The next challenge is connecting them.
Why fragmented communications are becoming a hidden governance risk for Asia Pacific banks
From automation to agency: Asia’s wealth leaders can reinvent, not just streamline
Singapore aced its FATF evaluation — now comes the hard part
Are Asia’s digital banks prepared for the stablecoin era?
Why APAC is building home-currency stablecoins
Why Southeast Asian wealth managers must design the business before buying the technology