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11 Mar 2010, 12:04 am
Bank of China wants to issue additional Hong Kong-listed H shares as soon as possible in a follow-on offering equal to 20 percent of its existing H share capital, the chairman of China's fourth-largest lender by assets said Thursday, Reuters reported. [read post]
12 Jan 2011, 2:16 am
The Bank of China, one of the country's main state-owned lenders, is now allowing American clients to open accounts in renminbi and trade in the currency, another step in China's effort to position the renminbi on the world stage. [read post]
3 May 2010, 12:38 am
Agricultural Bank of China, one of the country's big four lenders, plans to file applications this week for its dual listing in Shanghai and Hong Kong. [read post]
26 Aug 2011, 12:48 pm
Bank of America is finalizing plans to sell more than half of its stake in China Construction Bank in a deal that could raise $10 billion, an official briefed on the talks said. [read post]
12 Sep 2007, 7:00 am
Wen Mengie, the former IT head of the Beijing branch of the Agricultural Bank of China [corporate website], bought three houses in Beijing with money received during bank purchases of ATM machines and computer software. [read post]
23 Jan 2024, 8:59 am
The world’s largest bank, The Industrial & Commercial Bank of China has been fined $32 Million by the New York’s Department of Financial Services (NYDFS) involving compliance problems at the bank’s New York branch. [read post]
23 Apr 2014, 1:56 pm
Seven Tips For Preventing The China “Different Bank Account” Scam [read post]
11 Dec 2006, 6:08 am
China’s banking regulator said it had received eight applications from foreign banks for local registration, which it would begin processing on Monday, a first step in granting national treatment. [read post]
31 Jul 2009, 4:33 am
Bank of America plans to set up a wholly owned subsidiary in China to expand in the world's fastest-growing major economy, people briefed on the plan told Reuters. [read post]
15 Mar 2012, 7:55 am
Bank of Communications, China's fifth-largest financial institution, said on Thursday that it planned to raise $8.9 billion as it looked to shore up its capital reserves. [read post]
22 Oct 2010, 2:09 am
Bank of China chairman Xiao Gang said the financial sector in his country needs to make use of the international post-crisis environment to speed up its overseas growth, The Financial Times reported. [read post]
3 May 2010, 4:10 am
In a rights issue announcement that puts it in step with massive fundraising plans by several of its mainland peers, China Construction Bank plans to raise up to $11 billion, Finance Asia reported. [read post]
15 Apr 2010, 4:29 am
Agricultural Bank of China announced its roster of 10 banks it has picked to handle its initial public offering, which is expected to raise as much as $20 billion, Bloomberg News reported. [read post]
15 Jun 2022, 4:00 pm
The post China Uses COVID-19 App to Prevent Run on Rural Banks first appeared on Le·gal In·sur·rec·tion. [read post]
9 Sep 2010, 2:44 am
Bank of China's Shanghai-listed shares languished on Thursday, reflecting lingering concerns over the health of the sector after the bank obtained regulatory approval for an $8.8 billion share placement in Hong Kong and Shanghai, Reuters reported. [read post]
4 Aug 2016, 11:39 am
We write about this particular China bank scam every six months or so because it just keeps happening, and in ever greater numbers. [read post]
23 Aug 2012, 2:33 am
Bank of China, the first of the country's top lenders to report second-quarter earnings, said its net profit rose 5.2 percent, to $5.5 billion. [read post]
14 Jan 2021, 12:11 pm
The banks complied with this as well. [read post]
20 Apr 2011, 9:01 am
Private sectorThen an initiative from the private sector in China: Zhongtian Technology Company, set up an “IP bank” too. [read post]
1 Apr 2013, 9:20 am
According to the press release, the 473-page report, available here, discusses how,China 2030 is a joint research report authored by a team from the World Bank and the Development Research Center of China’s State Council. [read post]
