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PWMA's White Paper to Promote HK as a Global Private Wealth Management Hub
A white paper by PWMA& KPMG highlights measures to attract family offices to develop the potential of Hong Kong’s private wealth management industry.
China unlikely to follow further Fed rate hike: analysts
China's central bank will keep a firm monetary policy stance and is unlikely to follow a possible interest rate hike by the U.S. Federal Reserve.
Moroccan bank to acquire major stakes in 4 African banks
Banque Centrale Populaire (BCP) had started exclusive talks with France's cooperative lender BPCE to buy major stakes in four of its African banks.
Morgan Stanley likely to take control of its Chinese joint venture
Morgan Stanley，a U.S. investment bank, gets a prime opportunity to take control of its Chinese joint venture.
China banking sector's onshore assets up 6.9 pct
Chinese banks held 255.5 trillion yuan (37.2 trillion U.S. dollars) in onshore assets by the end of August.
Small and micro enterprises in China get more loan support
Loans granted to China's small and micro businesses has seen strong growth as financial institutions pledge more support for the real economy.
China's financial leverage ratio continues to fall in Q2
The leverage ratio of China's financial sector continued to fall in the second quarter of the year, retreating to the level of 2014.
Eleven Chinese banks manage eight trillion yuan in private banking
Eleven prominent A-share Chinese banks managed over eight trillion yuan of assets for their private banking customers by the end of June this year.
UnionPay aims to get foothold in European market
Chinese bankcard association China UnionPay has announced that it will partner with a British-based bank to launch a UK card.
China's central bank governor calls for further financial opening up
China's PBOC governor has called for continued efforts to expand the opening-up of the country's financial sector in a proactive and orderly manner.
Nomura will provide wealth management service in China
“At present, we are going to start from where we have the most strength,” he said. “That is our wealth management service.”
Solvency remains stable in China's insurance sector
The average solvency ratio of 176 insurance companies came in at 246 percent at the end of Q2, and that of core assets at 235 percent.
Feature: Tourism rejuvenates old Silk Road town
Feature: Chinese digital company seeking growth in U.S.
To Sort Anbang’s Assets, Chinese Authorities Create Dajia
UBS: The globe is headed for a recession if U.S-China trade talks fails
