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30 Oct 2011, 6:25 am
If the bank refuses to come to terms, the client may file for bankruptcy. [read post]
28 Oct 2011, 7:55 am
Politically, China will certainly demand a quid pro quo for its support, as one analyst recently put it: ‘China wants to get what it wants if it is to play a role in this’. [read post]
28 Oct 2011, 6:00 am
Immigrant housing cut out of containers Byzantine property ownership and bank-loan rules mean that most rural hukou holders are frozen out of the housing market even if they can afford a down payment on an apartment. [read post]
28 Oct 2011, 1:48 am
An October 27, 2011 China Daily article (here) discusses the ruling in the case. [read post]
27 Oct 2011, 5:27 pm
And Beijing may move to lift restrictions on bank lending, analysts say. [read post]
27 Oct 2011, 9:59 am
China is considering a plan to set up a regional bank to help smaller companies invest in Southeast Asia, finance infrastructure projects and promote development in southwestern China, Reuters reports. [read post]
27 Oct 2011, 5:28 am
Eight-Figure Tort: The Boston Globe reports on a $15 million lawsuit filed against Domino's Pizza and Deutsche Bank in connection with a brutal killing of a pizza-delivery man at a vacant building where the bank held the title. [read post]
26 Oct 2011, 3:03 am
Similar to the case of the SEC's earlier action against Goldman Sachs involving the same general allegations, Citi, as the arranging bank, selected many of the assets underlying the CDO with, according to the SEC, misleading disclosure. [read post]
25 Oct 2011, 9:15 pm
As reported by The Asset on Oct 19 2011, The Ministry of Commerce (MofCom) and the People’s Bank of China released new guidelines discussing procedures for how corporations wishing to execute FDI (foreign direct investments) should use Renminbi raised offshore and how banks should handle FDI-related China onshore Renminbi account management and transactional control. [read post]
25 Oct 2011, 3:25 pm
Of course, in addition to Mainland China there are the Chinese in Taiwan, and everywhere else such as Hong Kong, Singapore, and Indonesia. [read post]
25 Oct 2011, 5:49 am
Brazil ranks 126th overall; India ranks a frightening 132nd; and the global powerhouse China ranks only 91st. [read post]
24 Oct 2011, 12:14 pm
In China, 2007: “a little lower means more loving care! [read post]
23 Oct 2011, 10:53 am
If you are here in the US on a visa (rather than a green card), it might be a better idea for them to transfer the money to you in China (for example, to your bank account in China, assuming you have one). [read post]
21 Oct 2011, 12:58 am
Financing is nearly impossible to obtain in Iceland because of its banking problems (there are mostly no new loans, only old loans being renegotiated and written off). [read post]
20 Oct 2011, 8:50 am
Three to five companies will survive in China, he said. [read post]
19 Oct 2011, 2:59 am
The agency hoped against hope that deregulation would actually benefit the public: the same hope that drove deregulation of the investment and banking industries, for which we are still paying a price. [read post]
18 Oct 2011, 8:07 am
Maybe I could inculcate myself among the protesters, I wondered, and persuade their leaders to target a Biglaw firm rather than a bank. [read post]
16 Oct 2011, 11:52 pm
Bankscope http://library.hku.hk/record=b4206902 A database for finding information on over 20,000 public and private banks worldwide. [read post]
14 Oct 2011, 11:03 pm
” He stated that China’s heavy involvement in the U.S. [read post]
14 Oct 2011, 1:48 am
Fed Officials Pursue Actions Against Failed Bank Officials: In a significant development in the current wave of bank failures, that involves a failed bank that had significant ties to and operations in China, on October 11, 2011, federal officials concurrently filed a regulatory enforcement action and a criminal prosecution against certain former officers of the failed United Commercial Bank. [read post]
