Friday, April 23, 2021
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Banking

CBIRC Shames 38 Shareholders in Banks and Insurers for Illegal Conduct

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China's banking regulator has publicly named shareholders in Chinese financial concerns that it alleges have engaged in a range of infractions including...
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Finance

Dajia Insurance Group Garners Approval from CBIRC, Will Absorb Anbang Insurance Group’s Operations

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The China Banking and Insurance Regulatory Commission (CBIRC) has given its approval to the establishment of a new insurance group in China...
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Finance

Regulators Take Over Anbang Insurance Group

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The Chinese insurance regulator has taken over Anbang Insurance Group in the wake of allegations that former chairman and CEO Wu Xiaohui (吴小晖) engaged...
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Most Read

Chinese Banking Sector Assets up 9.2% YoY at End of First Quarter, NPL Ratio Edges Lower

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The total assets of the Chinese banking sector saw an increase of over 9% at the end of the first quarter of...
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20 Chinese Companies Pursue US Listings in First Quarter of 2021, Funds Raised Surge over 10-Fold Despite Sino-US Tensions

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The first quarter saw a precipitous surge in funds raised by Chinese companies opting to list in the US, despite ongoing tense...
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National Fiscal Revenues in China Rise over 24% in First Quarter

Economy CBNEditor - 0
China's national fiscal revenues surged in the first quarter of 2021, as the economy continues to recover from the initial impacts of...
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Singapore’s DBS Bank Plans to Grab Biggest Stake in Leading Shenzhen Lender

Banking CBNEditor - 0
Singaporean multinational lender DBS Bank has unveiled plans to acquire over a tenth of equity in a major lender in the Shenzhen...
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