Saturday, October 31, 2020
Tags Foreign banks in China

Tag: Foreign banks in China

Banking

Goldman Sachs Hopes to Double Chinese Staff Numbers by Mid-decade

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Wall Street's Goldman Sachs Group Inc. hopes to dramatically raise its staff numbers over the next five years in response to China's...
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Banking

Greater Chinese Banks Strive to Capitalise upon Beijing’s Financial Opening

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Banks from Taiwan and Singapore are leading the charge to take advantage of mainland China's recent efforts to open its financial sector...
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Economy

UBS to Become First Foreign Bank to Obtain Full Control of Chinese Securities Firm

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Swiss bank UBS has become the first bank in China to obtain approve from local authorities for majority ownership of its domestic securities joint-venture. The...
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Banking

Banking Regulator Paves Way for Wholly Foreign Owned Banks in China

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The China Banking and Insurance Regulatory Commission (CBIRC) has released new draft regulations that will allow foreign banks to establish wholly-owned banks and branches...
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Banking

Foreign Banks in China Still Hampered by Restrictions on Deposit-taking

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The introduction of new regulations that give greater latitude to foreign banks in China are expected to impact three key areas, yet insiders say...
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Most Read

Anhui Province Undertakes Trial Scheme for SME Emergency Loans to Enteprises Affected by COVID-19 and Flooding

Banking CBNEditor - 0
The inland Chinese province of Anhui has announced the start of a trial scheme for the provision of emergency loans to local...
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ByteDance Establishes Artificial Intelligence Subsidiary in Fujian Province

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ByteDance, the company behind social media giant TikTok, has just established a tech subsidiary in Fujian province whose business scope includes artificial...
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Alibaba Unveils Plan for Greater Digitisation of Cross-border Trade

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Chinese e-commerce giant Alibaba has unveiled an ambitious new plans to support the use of e-commerce by small businesses.
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Lending to Private Enterprise Increases 5.4 Trillion Yuan During Jan – Sep Period: CBIRC

Banking CBNEditor - 0
The latest data from the China Banking and Insurance Regulatory Commission (CBIRC) points to a sizeable increase in lending to private enterprises...
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