Thursday, October 22, 2020
Tags Bank of China Crude Oil Treasure

Tag: Bank of China Crude Oil Treasure

Bank of China under Investigation by CBIRC over $85 Million in Crude Oil Futures Losses

China's banking authority has announced the launch of an official investigation into one of the country's big state-owned lenders over heavy losses...

Bank of China Offers 20% Compensation Plan to Clients Burnt by Crude Oil Futures

Bank of China (BOC) has put together a compensation plan for clients of the state-owned lender who sustained heavy losses on its...

Bank of China Calls for CME Probe into Crude Oil Futures Debacle

One of China's big state-owned banks has called for US exchange operator CME Group to look into price fluctuations that led to...

Bank of China Investors Seek to Sue Bank over $85 Million in Crude Oil Losses

Hundreds of clients of big state-owned lender Bank of China (BOC) plan to sue the bank over $85 million in losses incurred...

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China’s Top Finance Regulators Send Raft of Policy Signals at 2020 Financial Street Forum

Senior officials from the People's Bank of China (PBOC), the China Banking and Insurance Regulatory Commission (CBIRC) and the China Securities Regulatory...

PBOC to Issue New Rules on Assessment of Systemically Important Banks

A senior official has flagged the imminent launch by the Chinese central bank (the People's Bank of China) of new rules governing...

China’s Live Streaming E-commerce Market Set to Breach 1 Trillion Yuan in 2020

A new report from KPMG and Alibaba sees the live streaming e-commerce market in China exceeding one trillion yuan (approx. USD$150 billion)...

Ping An Bank Enters Strategic Partnership with JDD, Launches Joint Credit Card

The lending unit of Ping An Group and JD.com's fintech vehicle have just entered a strategic partnership covering a range of areas....