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Barclays Bank becomes 2nd UK Cross-border GDRs Conversion Institution
The Shanghai Stock Exchange (SSE) announced the registration of Barclays Bank PLC as a UK cross-border global depositary receipt (GDR) conversion.
China's commercial banks' net profits to grow 7.1 pct in 2018: report
China's commercial banks will post sound performance in 2018, with their combined net profits likely to grow 7.1 percent year on year.
China sees stable FDI inflows in first 11 months
Foreign direct investment (FDI) into the Chinese mainland stayed basically stable in the first 11 months of the year.
China approves two foreign holding securities JVs soon
China's securities watchdog is expected to approve the foreign brokers, Nomura and J.P. Morgan, soon to set up their joint ventures.
China's new yuan loans increase in November
China's new yuan-denominated loans stood at 1.25 trillion yuan (about 181 billion U.S. dollars) in November, up from 697 billion yuan in October.
China promotes global digital fiat currency standardization
China is promoting standards for digital fiat currency around the globe based on its leading research, according to central bank officials.
China's green finance market to maintain fast expansion: JPMorgan Chase
JPMorgan Chase said the fast expansion of China's green finance market would continue as the government strengthens environmental protection.
China fines banks over wealth management violations
A total of six banks and the individuals responsible were fined a combined 156.3 million yuan (22.76 million U.S. dollars).
Moody'positive about China's financial institutions through 2019
Moody's Investors Service said on Wednesday that its outlook for financial institutions in China is stable for 2019.
China's asset management industry to see reshuffling
The landscape of China's asset management industry will be reshaped as commercial banks set up their asset management firms to compete with fund firms
BoE to ease banks' capital rules if Brexit threatens financial stability
The Bank of England (BoE) confirmed on Wednesday that it will ease rules on capital holdings for banks if Brexit threatens a liquidity crisis.
Bank of America takes key step of its Brexit preparations
Bank of America announced that the merger of its U.K. banking entity was completed as a preparation for Britain's possible departure from the EU.
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