Monday, January 25, 2021
Tags Chinese systemically important financial institutions

Tag: Chinese systemically important financial institutions

PBOC’s New Benchmarks for Systemically Important Banks Mark Start of Differentiated Regulation

China's top financial authorities have released new benchmarks for the identification of domestic systemically important banks.

China Set to Release Assessment Measures for Systemically Important Financial Institutions

The Chinese government is about to release new methods for the assessment of systemically important financial institutions according to reports from domestic...

Beijing Set to Expand List of “Too Big to Fail” Financial Institutions as Deleveraging Ends

The Chinese central government plans to dramatically lengthen the list of systemically important financial institutions (SIFI) as part of efforts to forestall crisis amidst...

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The Chinese banking regulator has sought to reassure the broader market that China's business environment for private enterprises will not be adversely...

Chinese Banks See Net Profits Decline 1.8% in 2020

China's banking sector saw a sizeable decline in its net profits for 2020 amidst the adverse economic impacts of the COVID-19 pandemic....

Tencent Expects Cloud Computing to Be Essential Infrastructure for Finance, Domestic Market to Soon Hit 80B Yuan

A senior executive from Chinese tech giant Tencent forecasts that cloud computing will be a key area of development for China's fintech...