China
BofAML the first foreign bank to launch cash management alliance with China UnionPay
BofAML the first foreign bank to launch cash management alliance with China UnionPay
BAML's head of treasury product Faisal Ameen gives us some exclusive information on the alliance.
This is what boosted China banks' April TSF of RMB 1.75t
Find out what makes up 55% of the April TSF.
Shadow banking still a negative credit issue for Chinese banks
Shadow banking products reached RMB21t in 2012.
China pledges to forge ahead with banking reform
Also promises increased flexibility in managing exchange and interest rates.
Top Chinese banks flunk government audit
Two Big Four banks cited for improper financial management.
Bank loans fall 33% in April
Money supply rises 16.1%, however.
Big Four stop doing business with North Korean bank
Increases pressure on North Korea to abandon nuclear power program.
China’s shadow banking sector now valued at over U$5.8t
It's 69% of China's GDP.
China enters into currency swap arrangement with Pakistan
Was implemented May 7 after issuance of necessary instructions to banks.
BOC cuts business ties with North Korean bank
Foreign Trade Bank accused of funding North Korea’s missile and nuclear programs.
Beware of these typical irregular trading activities of Class C accounts
Regulatory tightening was already imposed in China.
ICBC Thai focusing on retail market
Wants retail to account for 50% of total income by 2016.
China gets tougher on renminbi speculation
New rules immediately cause renmnbi to fall against the US dollar.
Bad loans up, asset quality down for big Chinese banks
Fourteen of 16 banks report rise in bad loans.
Agricultural Bank of China hit by 15% rise in operating expenses in 1Q13
Net profit was only RMB47b.
Weak deposit growth hammers China’s banks
Loans exceed deposits at a faster pace.
Top 3 Chinese banks report double digit earnings growth
Growth rate will keep slowing as margins ease, however.
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