With few other safe assets to turn to, banks that are under pressure, as well as insurers and fund managers, have piled into ...
China Construction Bank recorded the largest ... link to the real-estate sector have created vulnerabilities in the banking system. As defaults rise, banks must carefully navigate the fallout ...
China is set to slash pay for staff at its top three financial regulators, including the central bank, by about half, as part ...
China's central bank announced on August 30 ... of its monetary policy and maintain reasonable liquidity in the banking system," according to PBC announcements. China's central bank has ...
Banks are paying a pretty price for their efforts. Policymakers are leaning on banks of all stripes—from city commercial banks to state-owned giants such as ICBC and China Everbright Bank—to ...
China's central bank conducted a medium-term loan operation on Friday and left the interest rate unchanged. The People's Bank of China (PBOC) lent 200 billion yuan ($27.46 billion) worth of one-year ...
BEIJING - China's bank wealth management market expanded and saw more investors in 2024, industry data showed on Friday. By the end of last year, the number of investors holding wealth management ...