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Bad loans surge at China's biggest banks
Analysts warned against misinterpreting the rise at the two banks. �The market might be over-concerned with ICBC and CCB's nonperforming loans,� said Dorris Chen, China financial institutions analyst at Standard Chartered. �NPLs rose because these ...
China banks' bad loans surge, credit crunch could spread west
China Construction Bank Corp last week reported its slowest profit growth in more than five years. China's listed banks are expected to report an overall 15 percent year-on-year drop in revenues for the third quarter, according to Thomson Reuters ...
China's Midsize Banks Are Being Squeezed
China's five biggest banks are Industrial and Commercial Bank of China Ltd (ICBC), China Construction Bank Corp (CCB), Agricultural Bank of China Ltd, Bank of China (BoC), and Bank of Communications Co Ltd.
China's Assault on Corruption Enters Executive Suite  Wall Street Journal
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Ontario, BC press Ottawa to land yuan trading hub
At least three of the banks - the Bank of China, the Industrial and Commercial Bank of China and the China Construction Banks - vying to be the clearing house for yuan in Canada. All of them welcomed Ms. Wynne's pitch. Ding Yuan, a senior manager at ...
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Fitch Rates CCB's First Offshore Basel III Tier 2 Bonds 'BBB+(EXP)'
(The following statement was released by the rating agency) HONG KONG, October 31 (Fitch) Fitch Ratings has assigned China Construction Bank's (CCB; A/Stable) upcoming Basel III-compliant Tier 2 subordinated bonds an expected 'BBB+(EXP)' rating.
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Bank of Communications: Time for a Withdrawal?
It was a lackluster showing given China Construction Bank and ICBC both managed to beat forecasts by 10%. With its business focused on China's east coast, Bocom has a higher exposure to those industries hurt by tighter credit conditions than its larger ...
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ASIA CREDIT CLOSE: BOJ stimulus lifts sentiment in secondary
A number of companies have announced bond deals, including JSW Steel, Indiabulls, Shandong Shipping Corp, Vietnam Government, China Construction Bank, CCB Asia and ICBC. A number of DCM bankers have said they still have heavy pipeline before ...
Bank of Japan Stimulus Ignites Furious Rally  Minyanville.com
Japanese stimulus drives stock markets higher; eurozone inflation inches up ...  The Guardian
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How slain tycoon Wiggill took SA's banks for a R1bn ride
In the most sensational corporate assassination since Brett Kebble, Wiggill was shot three times in the back of the head outside Soweto in what some believe was an assisted suicide.
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Mainland in middle in report by World Bank
When combined with Hong Kong, the mainland's economy has one of the top five business-friendly regulatory environments among close to 200 of the world's economies, according to a World Bank Group report. On its own, the Chinese mainland places in the ...
China's 'Shadow' Network of International Organizations  The Diplomat
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CICC Chairman Jin Liqun Resigns
CICC was formed by Morgan Stanley and China Construction Bank Corp. as China's first Sino-foreign joint-venture investment bank in 1995.
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