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Chinese wealth management subsidiary
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Chinese wealth management subsidiary
Banking
Bank of Hangzhou Grabs Approval for Wealth Management Subsidiary
CBNEditor
-
December 25, 2019
0
Bank of Hangzhou's wealth management subsidiary has obtained approval from local regulators to commence operation.
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Banking
New Rules for Bank Wealth Management Subsidiaries Permit Direct Investment in Shares
CBNEditor
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December 6, 2018
0
New regulations governing the wealth management subsidiaries founded by Chinese banks promise to have a far-reaching impact upon the 20 trillion yuan bank wealth...
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Banking
Bank of China to Invest 10B Yuan in Launch of Wealth Management Subsidiary
CBNEditor
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November 16, 2018
0
One of China's big four state-owned banks has unveiled plans to launch a new wealth management subsidiary. Bank of China (BOC) plans to invest no...
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Most Read
Chinese Central Bank Appoints 48 Year-old Deputy Mayor of Chongqing as New Deputy Governor
Banking
CBNEditor
-
April 14, 2021
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
-
April 14, 2021
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
-
April 14, 2021
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
-
April 14, 2021
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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