Sunday, January 24, 2021
Tags Goldman Sachs

Tag: Goldman Sachs

Goldman Sachs Pursues Majority Stake in Chinese Securities Joint-venture

Goldman Sachs has applied to acquire majority control of its securities joint-venture in China.

Citigroup, Goldman Sachs, JPMorgan and Credit Suisse Abandon Chinese P2P Deals

The woes of China's peer-to-peer lending sector continue to worsen, with US investment banks abandoning stateside IPO's for Chinese platforms en masse...

China Will Set GDP Growth Target at 6.5% in 2018: Goldman Sachs

China is expected to retain the use of annual GDP growth targets next year and set it at around 6.5%, according to a new...

Chinese Deleveraging Will Be World Economy’s Chief Uncertainty in 2018: Goldman Sachs

Beijing's plan to contain credit expansion in the world's second largest economy will be the chief uncertainty for the global economy in 2018 says...

China Gains Most from the Fed’s Balance Sheet Contractions: Goldman Sachs

Goldman Sachs says that China potentially has the most to gain from the US Fed's decision to shrink its balance sheet in lieu of...

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Ant Group and Others Engage in Monopoly Conduct, But “Regulatory Discussions” Will Not Affect Normal Development: CBIRC

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...

China’s Non-Performing Loan Ratio Declines 0.06 Percentage Points to 1.92% in 2020, Banks Dispose of Record-breaking 3.02T Yuan in Bad Debt

Official data points to a slight decline in the non-performing loan (NPL) ratio of Chinese banks in 2020, despite the adverse impacts...