Citi plans to exit from China retail banking business, to affect 1,200 employees
Citigroup plans to wind down its consumer banking operations business in mainland China after failing to find a buyer for the business.
Tag: BANKS
Chinese property developers rally in Hong Kong on expectation of offshore financing support
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Updated: Six large state banks agreed to provide more than one trillion yuan of credit lines to property developers
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PBOC, banking regulator urge banks to step up financial support for stabilizing economy, to issue another 200 bn yuan special loans for ensuring property delivery
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China’s large banks to step up lending to manufacturing, infrastructure in Q4
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China’s six large state-owned banks made rare move to simultaneously announce support for economic growth, granted total 9.5 trillion yuan loans in Jan – Sept
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