
ICBC Becomes Fifth Big State-owned Bank to Obtain Approval for Wealth Management Subsidiary
The world’s biggest bank in terms of assets has become the fifth major state-owned lender in China…
Shedding light on China's monetary system and macroeconomic trends
The world’s biggest bank in terms of assets has become the fifth major state-owned lender in China…
Online wealth management has emerged as a mainstay fintech operation for one of China’s leading tech giants.
Senior officials from the Chinese central bank have expressed their hopes that the wealth management subsidiaries established…
China’s banking regulator has green lighted the launch of wealth management subsidiaries by four of the country’s…
Two of China’s big four state-owned banks have obtained approval from Beijing to launch their own wealth…
The returns on bank wealth management products (WMP’s) in China hit a 21-month low in the first…
New regulations governing the wealth management subsidiaries founded by Chinese banks promise to have a far-reaching impact…
China Construction Bank (CCB) has joined the ranks of Chinese lenders with plans to establish their own…