Thursday, April 15, 2021
Tags Chinese bank wealth management subsidiaries

Tag: Chinese bank wealth management subsidiaries

Banking

PBOC Wants Bank Wealth Management Subsidiaries to Play Greater Role in Equity Financing

CBNEditor - 0
Senior officials from the Chinese central bank have expressed their hopes that the wealth management subsidiaries established by China's commercial lenders will...
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Banking

Will New Rules for Bank Wealth Management Subsidiaries Pave Way for “Universal Licenses?”

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Observers says new rules governing the wealth management subsidiaries of Chinese banks serve to dramatically expand the permitted investment scope of China's 22 trillion...
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Most Read

Chinese Central Bank Appoints 48 Year-old Deputy Mayor of Chongqing as New Deputy Governor

Banking CBNEditor - 0
The People's Bank of China (PBOC) has just expanded its senior leadership cohort with the addition of a new deputy governor drawn...
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Beijing Cracks Down on Local Finance Platforms, Demands “Peeling Away” of Government Funding Role, Bankruptcies for Insolvent Firms

Finance CBNEditor - 0
The State Council of China has issued new regulations concerning the handling of local finance platforms in a bid to stymie their...
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Chinese CPI Bounces Back into Positive Territory in March

Economy CBNEditor - 0
China's consumer price index (CPI) resumed positive YoY growth in March, as the domestic economy continues to recover from the impacts of...
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Renminbi Lending Increases USD$1.17 Trillion in First Quarter of 2021

Banking CBNEditor - 0
Chinese banks extended over USD$1.1 trillion in new loans in the first quarter of 2021 according to the latest data from the...
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