China
HSBC gets China central bank nod for renminbi-pound direct trading
HSBC gets China central bank nod for renminbi-pound direct trading
It's one of the market pioneers.
China banks' mortgage loans are outpacing aggregate loans
Loan growth hit 201.%.
DBS launches cross-border lending in Suzhou, China
It’s the first Singaporean bank to jump on the RMB bandwagon.
Here's proof that China's shadow banking curbs are taking effect
New loans exceeded expectation.
PBoC urged banks to prioritise mortgage demands, quicken loan approvals
But don't expect agressive policy easing anytime soon.
Citi crosses 7-million mark for digital clients in Asia
It's the rise of the machines.
How China's new interbank regulations could tighten credit supply
Analysts predict a 'neutral impact'.
China banks' new loans hit RMB774.7b in April
Still below market's forecast.
Bank of China to issue convertible A-H preference shares
They'll be at CNY100 per share.
Here are the skills in demand in the Asian banking and finance sector
All-round Finance Managers, Regulatory Reporting Analysts, and Financial Planning & Analysis professionals are among the skills in high demand across Asia, according to our latest Hays Quarterly Hotspots list of jobs in demand.
PBOC cuts reserve requirement ratio for rural commercial banks
It'll be slashed by 2ppts.
Here's the potential impact of China's new trust regulation on banks
Will rigid payments be reinforced?
StanChart names Lim Cheng Teck as CEO for ASEAN markets
Standard Chartered Bank announced the appointment of Lim Cheng Teck as the CEO for its ASEAN markets. The appointment is effective 1st May 2014.
You won't believe how bad Asia's nonperforming loans are
Slower GDP, higher interest rates.
China's new loans rebounded to RMB1.050b in March
Total social financing also jumped to RMB2.070b.
What you need to know about the use of yuan for trade finance
The People’s Bank of China (PBoC) announced its intention to widen the official ±1% trading band on 19 February. Since then, it steadily fixed the official USD/CNY parity rate higher to 6.1475 on 21 March, a level not seen since early November.
BEA China unveils cross-border RMB e-payment in Shanghai FTZ
It claims to be the first foreign bank to provide this service.