China
Standard Chartered issues its first RMB5b financial bond in China
Standard Chartered issues its first RMB5b financial bond in China
It's a 3-year bond with coupon rate of 4.2%.
Chinese banks' TSF reaches a record RMB 2.55t in March
Guess what caused the increase?
China reorganizes Monetary Policy Committee
Cause is the retirement and reshuffling of committee members.
China in serious danger from shadow banking
Billionaire American investor George Soros says China has a few years to control shadow banking risks.
ICBC funds South African renewable energy projects
China’s largest bank signs US$2 billion financing agreement.
Local Chinese government debt could really be US$3.2 trillion
Amount owed banks in 2011 is double official estimates.
HSBC and BoCom sign renminbi business deal
Memorandum of understanding covers cross-border renminbi business cooperation.
ICBC to acquire stake in major Taiwan bank
Industrial & Commercial Bank of China Ltd. plans to buy 20% of Bank SinoPac.
Chinese banks' shares underperform for the second consecutive month
Blame it CBRC's new rules for the WMP market.
Major breakthrough in cross-strait banking talks
Talks succeed in easing market access rules for banks seeking to own stakes in other banks.
China gets tougher on sales of WMPs
Orders checks on underlying assets of volatile WMPs.
Planned BRICS bank to complement World Bank
But intends to break the grip of Americans, Europeans and Japanese in major lending institutions.
ICBC launches renminbi clearing services in Singapore
Also inaugurates three new “hubs” focusing on renminbi businesses.
Credit card fraud tops Shanghai’s financial crimes list
Accounted for 88% of financial crime cases in court in 2012.
ICBC reports 14.5% hike in earnings
Performance in 2012 makes it the world’s most profitable bank.
China’s banking crisis has begun
Hong Kong economist said debt bomb is about to explode.
Commentary
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