China

Executives of state-owned banks told that ostentation is a no-no.

Bangladesh’s exports to China are expected to grow 12% in 2012.

Intends to become a global bank by 2015.

Deregulation also necessary to carry out financial reforms.

Total NPLs jump to US$77 billion in Q3.

Zhou Xiaochuan will step down as Governor of the People’s Bank of China.

NPLs up for four consecutive quarters.

To open branches in Saudi Arabia and Kuwait, and invest in South Africa.

Program's total value is 50 billion yuan.

The previous peak was CNY14 trillion in 2010.

Very profitable despite a slowed economy.

Blame it on lower small-business lending.

The largest bank in Latin America.

Acquisition of cheap financial assets overseas.

The US and European Private Equity (PE) industry has taken repeated hits after the escalation of the financial crisis in September 2008. LBO markets came to a halt through banks’ inability and unwillingness to lend.

China introduces a new category of bonds specifically for SMEs.