China
Citi Private Bank names southern, western Mainland China global market manager
Seamus Yin will be responsible for leading coverage of clients in central, western, and southern China.
Citi Private Bank names southern, western Mainland China global market manager
Seamus Yin will be responsible for leading coverage of clients in central, western, and southern China.
Nomura Holdings loses 20 investment bankers in Asia: report
The resignations include their head of Greater China equity capital markets.
Local bond market’s problems heighten Chinese banks' credit risks
The bond market’s repayment woes may force banks to make concessions for the sake of financial stability.
Chinese banks warned against rising bad debt as measures subside
CBIRC also warned against emerging local real estate bubbles.
China orders banks, insurers to draft 'living wills': report
This is to ensure that troubled financial institutions won't end up needing costly bailouts.
HSBC plans to split leadership of Asia with two co-heads: report
Wong protege David Liao and India’s Surendra Rosha are rumored to become co-heads.
China’s Huarong likely to receive extraordinary government support: S&P
This also bodes well for its overseas bond issuer Huarong International.
Deutsche Bank appoints new head of trade finance & lending in China
Daniel Qian is also head of structured trade & export finance.
China’s $1.3t domestic debt hurtles to maturity as defaults surge: report
The huge debt, unprecedented pace of defaults underscores local authorities’ conflicting goals.
Global banks on a hiring craze as they vie for rich Asians’ assets
HSBC, Goldman Sachs, and Citi are all eyeing a piece of the region's trillion-dollar financial market.
VCs flocking to "lucrative" APAC payments segment: report
Global VC deals rose to 620 in Q1 2021.
China injects $15.5b cash into the financial system to maintain liquidity: report
The nation’s top leaders recently described economic recovery as “unbalanced and unstable.”
Chart of the Week: Card payments in China to rebound 21.3% in 2021
Card payments are set to rise as economic activities gathers pace.
Goldman Sachs ramps up China ambitions with hiring spree: report
It is planning to add over 400 new people in its headcount in 2021 alone.
HSG shares insights on modelling core banking IT for the digital economy
Sisi Yu gives us a glimpse of how banks can achieve higher performance through improved services.
China’s digital currency fails to excite locals: report
Chinese people showed little interest in switching from mobile payment systems of Ant, Tencent.
Banks in China, Japan still APAC’s largest lenders: S&P
S&P’s list of the region’s 50 largest banks saw 6 Chinese and 4 Japanese banks up top, whilst Australian banks slid down.