All posts tagged "bailout"
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293KoreaSouth Korea Divests Key Stake in Woori Financial Group
State-operated KDIC will no longer be the largest shareholder of Woori Financial Group, 23 years after the group was created in a government bailout.
November 24, 2021 -
197ChinaShenzhen Regulator Launches Probe into Evergrande Wealth
The Shenzhen Financial Regulatory Bureau said a "thorough investigation" into Evergrande Wealth has been launched following investor demands for an inquiry.
September 29, 2021 -
237ChinaChina Huarong Announces Bailout from State-owned Enterprises
Huarong will issue new shares to Citic Group, China Insurance Investment, China Life Asset Management, China Cinda Asset Management and Sino-Ocean Capital Holding.
August 19, 2021 -
688Asia-PacificSri Lanka Drafts Resolution Framework for Banks, Finance Companies
The CBSL will have the ability to replace an institution's management, operate an agent institution and bail out an institution where necessary.
October 13, 2020 -
1.2KCapital RegulationChina Prepares to Bail Out State-owned Enterprises, Banks
State-owned China Reform Holdings has set up a bailout fund to help ensure SOEs can avoid bond defaults. Meanwhile, 18 provincial governments have approval to inject capital into banks.
July 28, 2020 -
844Capital RegulationChina’s Banks Poses Growing Risks for US Investors: Report
US savers are increasingly likely to have exposure Chinese banks and their "large volumes of NPLs", says a report from a US Congressional advisory body.
June 3, 2020 -
731KoreaKorea: KDB Can Intervene in Bailed-out Companies to Prevent Value Loss
Under the latest revisions, Korea Development Bank may exercise its voting rights in bailed-out companies for decisions that may impact shareholder value or when restructuring is required.
May 10, 2020 -
771Korea
Korea Development Bank Act Amended to Enable Bailout Fund
Aid recipients will have to maintain staff in employment and refrain from dividend payouts, share buybacks and executive compensation.
May 5, 2020 -
644UncategorisedPBOC to Help Fund Bailout of Another Regional Lender
Bank of Gansu, a Chinese regional lender listed in Hong Kong, will reportedly receive a capital injection from the Gansu provincial government, supported by the PBOC.
April 13, 2020 -
682Capital RegulationChina State Fund, UOB Among Investors to Rescue Hengfeng Bank
A unit of China’s state fund, the Shandong government’s asset management arm, and UOB are among those that will invest in new shares to prop up troubled lender Hengfeng Bank.
December 20, 2019
