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Inc. (the “Company” or “CIB Marine”) (OTCQX: CIBH), the holding company of CIBM Bank (the “Bank”), announced its unaudited results of operations and financial condition for the quarter ...
HSBC subsidiary Hang Seng Bank appointed Gilbert Lee Man-lung, the eldest son of Hong Kong Chief Executive John Lee Ka-chiu, as deputy head of its China unit. The lender said that it would promote ...
Stanbic Bank Kenya’s parent company, Standard Bank, plans to join the China interbank payment system (CIPS) by the end of 2025, hoping to tap into the growing inflow of trade and investment from ...
In a report released on April 17, Katherine Lei from J.P. Morgan maintained a Buy rating on China CITIC Bank (CHBJF – Research Report), with a price target of HK$6.80. The company’s shares ...
Chinese clients have reduced some of their Treasuries holdings in favor of European debt as President Donald Trump’s tariff deluge fuels an exodus from US assets, according to Deutsche Bank AG.
China's central bank will not allow a significant decline of the yuan and has urged major state-owned banks to scale back U.S. dollar purchases. The order from Chinese officials comes as the yuan ...
PBOC asks state banks to reduce dollar purchases, sources say Yuan faces pressure from U.S. tariffs, PBOC aims for stability Analysts warn sharp yuan depreciation risks financial stability April 9 ...
BEIJING, April 11 (Reuters) - China, Japan and South Korea finance and central bank officials met and discussed the impact of U.S. tariffs on the global and regional macroeconomic situation ...
China’s central bank appears poised to list organisations and individuals at high risk of money laundering, as a new column detailing potential offenders has been added to the bank’s website ...
More than a year after one of China’s biggest trust companies collapsed, hopes for a recovery in the $3.7 trillion industry are quickly fading. Zhongrong International Trust Co., which managed ...
The four banks -- China Construction Bank, Bank of China, Bank of Communications and Postal Savings Bank of China -- all opened higher on mainland exchanges. The stocks temporarily wobbled ...
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