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Chinese bank run
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Chinese bank run
Banking
Chinese Central Bank Pins Failings of Small Regional Lenders on Lack of Communist Party Influence
CBNEditor
-
August 3, 2020
0
A senior official from the People's Bank of China (PBOC) has pointed the finger of reproach at poor corporate governance and lack...
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Banking
Two Women Arrested in Hengshui for Triggering Bank Run Panic via Online Rumours
CBNEditor
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July 16, 2020
0
Police in Hebei province have arrested two people over the spread of online rumours that threatened to trigger a local bank run
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Banking
China to Step up Liquidity Management for Smaller Lenders Following Two Bank Runs in Two Weeks
CBNEditor
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November 13, 2019
0
China's banking regulator has flagged tighter liquidity management for smaller banks after a second regional lender succumbed to a bank run within...
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Banking
Baoshang Bank Takeover Helped Forestall Bank Run: Renmin University’s Dong Ximiao
CBNEditor
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May 29, 2019
0
One of China's leading financial scholars has weighed in on the recent decision by Chinese regulators to take over the problem-fraught Baoshang...
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Most Read
Tencent Drops Advertising Veteran Lau Seng Yee from Roster of Top Executives
Fintech
CBNEditor
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January 24, 2021
0
Chinese tech giant Tencent has removed a veteran advertising executive from the line-up of its senior-most personnel, as online companies in China...
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Ant Group and Others Engage in Monopoly Conduct, But “Regulatory Discussions” Will Not Affect Normal Development: CBIRC
Fintech
CBNEditor
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January 24, 2021
0
The Chinese banking regulator has sought to reassure the broader market that China's business environment for private enterprises will not be adversely...
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Chinese Banks See Net Profits Decline 1.8% in 2020
Banking
CBNEditor
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January 24, 2021
0
China's banking sector saw a sizeable decline in its net profits for 2020 amidst the adverse economic impacts of the COVID-19 pandemic....
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Tencent Expects Cloud Computing to Be Essential Infrastructure for Finance, Domestic Market to Soon Hit 80B Yuan
Fintech
CBNEditor
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January 24, 2021
0
A senior executive from Chinese tech giant Tencent forecasts that cloud computing will be a key area of development for China's fintech...
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