All posts tagged "CCB"
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429ChinaBlackRock Launches First Private Pension Product in China
The product was launched by a BlackRock-CCB joint venture, the first foreign-controlled institution that was approved to take part in private pension pilot trials.
April 28, 2022 -
363ChinaCBIRC Fines 21 Banks for Data Reporting Failures
State-owned banks including BOC, CDB, ICBC and CCB were fined a total of USD 13.8 million for data quality and reporting issues.
April 5, 2022 -
495ChinaCBIRC Expands Private Pension Trial to 10 Banks and 10 Cities
The pilot scheme began in September with 4 domestic banks being allowed to offer retirement wealth management products in four cities.
March 2, 2022 -
581ChinaCBIRC Approves BlackRock JV to Commence Private Pension Trial
BlackRock CCB Wealth Management will be able to launch retirement WMPs in Guangzhou and Chengdu for a one-year trial period.
February 15, 2022 -
349ChinaICBC, CCB Approved to Commence Private Pension Trials
The banks will pilot new wealth management products across four selected cities to help address China's retirement savings gap.
December 1, 2021 -
615Australia & NZAPRA Finalises New Capital Framework for Banks
The new framework seeks to strengthen financial resilience rather than require banks to raise additional capital, APRA says.
November 30, 2021 -
1.2KAML / KYCHKMA Penalises Four Banks for AML Violations
ICBC (Asia), UBS, CCB (Asia) and CTBC Bank were fined a combined HK$44.2mn for deficiencies in customer monitoring, periodic reviews and due diligence.
November 22, 2021 -
345Asia-PacificBangladesh Banks Asked for Plans to Address Capital Shortfall
Eleven banks, including seven that are state-owned, are asked to explain how they plan to address capital shortfalls.
September 13, 2021 -
291China
CBIRC Green-lights BlackRock-CCB Wealth Management Venture
The wealth management JV is 50.1% owned by BlackRock, 40% by China Construction Bank's wealth management subsidiary, and 9.9% owned by Temasek.
May 14, 2021 -
203EnforcementHong Kong Court Jails Former CCB Asia Sales Representative
A CCB Asia sales executive secured a loan for a customer whose data was obtained from a DBS sales executive in exchange for a commission.
May 13, 2021
