text

China's foreign ownership cap change may stir interest in smaller banks

FitchRatingssaidthatBeijing’slandmarkmovetoeaseorremovelimitsonforeignownershipinChina’sfinancialsectorwilllikelystokeacquisitioninterestinsmallerbanksChina’sli

text

Foreigners may get more access to China's banking sector

ThenationwillacceleratetheopeningupofitsbankingsectortoforeigninvestorsandconsiderstepstoincreasetheupperlimitofshareholdinginChinesefinancialinstitutionsbyfore

text

US Treasury sanctions banks, representatives linked to DPRK

TheUSDepartmentofTreasuryonTuesdayissuedsanctionsoneightbanksand26individualslinkedtotheDemocraticPeople'sRepublicofKorea(DPRK)financialnetworksinresponsetothec

text

Big Four banks more influential than BRICS' peers

BankofChina(BOC)wasrankedthefirstamongbanksofBRICScountriesinthenewlymodifiedBankInternationalizationIndex(BII),accordingtoareportjointlyreleasedbytheAcademyofI

text

Report: Bank of China top Bank Internationalization Index among BRICS

TheAcademyofInternetFinance(AIF)ofZhejiangUniversityreleasedtheir2017ReportonBankInternationalization,inpartnershipwiththeInternationalMonetaryInstitute(IMI)ofR

text

China's central bank takes action against the DPRK: Reports

‍CouldChinesebankscuttingoffmoneyflowtotheDemocraticPeople'sRepublicofKorea(DPRK)makethedifferenceinstoppingthenuclearcrisisontheKoreanPeninsula?USPresidentDona

text

Fintech pushes EU to explore changes to bank software rules

EuropeanUnionbanksfacingincreasingcompetitionfromfinancialtechnologyfirmscouldfinditeasiertoinvestinsoftwareunderrulechangesbeingdiscussedwithregulators.EUbanki

text

Experts: Technology should play bigger role in banking

Technologyshoulddomoretohelpbankstransformthemselvestohaltthetrendofbeingincreasingly"invisible"inanaverageperson'slife,accordingtoparticipantsataforumonfinance

text

Qatar banks seek Asian, European funding as diplomatic crisis bites

QataribanksareturningtoAsiaandEuropeforfundingafterclientsfromotherArabstatespulledbillionsofdollarsfromtheiraccountsfollowingaregionaldiplomaticrift.WhiletheQa

text

Foreign investors allowed to keep 20-85 pct stake in infrastructure bank

Nepal'scentralbankonFridayunveiledalicensingpolicyfortheestablishmentofinfrastructuredevelopmentbanksinthecountrybyopeningthedoorforforeigninvestorstokeep20-85p

text

Over a million bank employees in India to go on nation-wide strike

OveramillionbankemployeesinIndiawillgoonaone-daynation-widestrikeonAug.22.TheAllIndiaBankEmployeesAssociation(AIBEA),whichrepresentsninebankunions,hascalledthes

text

Banks set for brighter second half

ImprovednetprofitmarginandassetqualitywillbrightenprospectsforChina'sbanksinthesecondhalfofthisyear,andsmallerurbancommercialbankswilllikelygrowthefastest,saida

text

India: Reserve Bank cuts lending rate

The Reserve Bank of India (RBI), recently cut its key lending rate, helping banks to reduce monthly installments on loans and lend more money to businesses. After the cut the rate is at a six-and-half-year low and stands at 6%.

text

Banks dealing EU sovereign debt may be dragged out of London

BanksattheheartofEUgovernmentborrowingcouldbeforcedtomovesomeoperationsoutofLondoniftheywanttoholdontothatbusinessafterBrexit,accordingtothreeseniorbankerswithk

text

S. Korean banks to tighten loan standard to reduce debts

SouthKoreanbankswilltightenloanstandardinthethirdquarteramidthegovernment'seffortstoreducehouseholddebtsandstabilizetherealestatemarket,acentralbanksurveyshowed

text

US Fed greenlights big banks' capital plans

TheUSFederalReserveonWednesdaygavethegreenlighttoplansfromthecountry's34largestbanksthatseektoprovidelargepayoutstoshareholders.TheFedfoundthatthebanks'financia

text

China's banks to offer better deals amid tightened liquidity

Tighteningliquidityinthemoneymarketduringthepastfewweekshasforcedcommercialbankstoincreasetheinterestratestheyofferforwealthmanagementproducts.Thecentralbankhas