All posts tagged "China Construction Bank"
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83ChinaChina Pilots New Scheme to Plug Retirement Savings Gap
Four domestic banks will test wealth management products for one year in Wuhan, Qingdao, Chengdu and Shenzhen.
September 15, 2021 -
82ChinaFirst BlackRock Mutual Fund in China Raises $1bn
BlackRock is the first foreign asset manager to launch a wholly-owned onshore mutual fund business in China.
September 10, 2021 -
150ChinaCBIRC Fines Eight Lenders Over Property Loan Violations
China Construction Bank received the biggest penalty of CNY 6.1 million. ICBC and Agricultural Bank of China were fined CNY 1.5 million each.
August 3, 2021 -
189AML / KYCPBOC Directs Banks & Alipay to Stamp Out Crypto Activity
Financial institutions are asked to identify the capital accounts of crypto exchanges and OTC dealers, and cut off their payment channels.
June 23, 2021 -
141ChinaCBIRC Approves Goldman Sachs Wealth Management JV
Preliminary approval will allow Goldman Sachs Asset Management to own a 51 percent stake in the joint venture with ICBC Wealth Management.
May 26, 2021 -
184ChinaCBIRC 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 -
128EnforcementHong 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 -
300ChinaICBC, Bank of China Approved to Invest in National Green Fund
The 'National Green Development Fund' was launched in July 2020 to spearhead investments in green projects and sustainable development.
May 1, 2021 -
336Capital RegulationHong Kong Launches 100% Personal Loan Guarantee Scheme
The scheme provides a supplementary financing option for individuals suffering income loss resulting from the Covid-19 pandemic.
April 28, 2021 -
288China
BlackRock Paves Way for Mutual Fund Business in China
BlackRock has withdrawn its private fund manager registration to pave the way for the launch of its new wholly-owned mutual fund unit in China.
April 7, 2021
