Chinese regulator is asking commercial banks to stop "hiding" profits in excess provisions for bad debts and distribute the profits to shareholders, part of the…
China’s banking regulator approved the creation of a second private bank this year, bringing the total number of private banks in the country to 19.…
Chinese regulator has warned some commercial banks over the rapid growth of credit-card debt and urged them to curb the growth pace, in a move…
The embattled Bank of Jinzhou Co. Ltd, which was bailed out by three state-owned financial institutions in July, posted a 4.54 billion yuan net loss…
Chinese regulator has asked some banks to tighten quota for real estate development loans from Thursday August 29, the latest move to ramp up restrictions on homebuilders'…
China is considering new rules for the country’s smaller banks to ease risk in the financial system, after a number of regional banks slipped into…
Tightening financial regulations and a slowing economy amid escalating trade tensions with the United States may force some of China’s smaller banks to merge with…
China will develop standardized notes in a move to ease liquidity pressure faced by small lenders after government bailout of several troubled regional banks rattled…
China’s sovereign wealth fund is taking stake in Heng Feng Bank, a troubled lender linked to fugitive financier Xiao Jianhua, the third commercial lender to receive…
Three state-controlled financial institutions said on Sunday they would take stakes in the troubled regional lender Bank of Jinzhou, amid growing concern about the bank…
China’s Bank of Jinzhou said it’s in talks for possible strategic investment and it’s operating normally amid speculation the lender will be the next to watch…