Potential US sanctions loom over banks with China connections: Fitch

Sep 25, 2020

London [UK], September 25 : Chinese banks and international non-US banks with connections to China could become ensnared in processes leading to US sanctions,...

Chinese officials press foreign banks to share executive pay details

Jun 16, 2022

Beijing [China], June 17 : Chinese officials are asking the foreign investment banks to share the pay details of senior executives.

China crushes protest by bank depositors in Henan province demanding their money back

Jul 11, 2022

Beijing [China], July 11 : China on Sunday dispersed a protest by hundreds of depositors, who sought to demand their money back from banks...

Real estate crisis in China can inflict bigger economic blow

Aug 14, 2022

Beijing [China], August 14 : The real estate slump in China has sucked in both banks and provincial governments, threatening a bigger impact on...

Depositors are panicking as China's small banks in trouble amid corruption allegations

Jul 03, 2022

Beijing [China], July 3 : Small banks in China are running into trouble as they are accused of crimes, bad loans and excessive risk,...

Financial majors slash China's GDP outlook

Aug 22, 2022

Beijing [China], August 22 : Two of the world's biggest investment banks Goldman Sachs and Nomura have cut China's economic growth forecast, media reports...