Tian Huiyu, who built China Merchants Bank into the nation's top retail bank, faces charges related to abuse of power, insider trading, and leaking internal information.
March 5, 2023China Construction Bank, Bank of China, Standard Chartered China, China Minsheng Bank and China Bohai Bank were fined a combined CNY 387.9 million.
February 21, 2023Under rules released in 2021, China's four G-SIBs will have to hold TLAC equal to 16 percent of their risk-weighted assets by 1 January 2025.
January 18, 2023The G-SIBs are encouraged to improve their TLAC internal planning and management mechanisms and issue TLAC non-capital bonds in offshore markets.
December 1, 2022Bank of America will have to meet a higher capital buffer requirement, while China Construction Bank and BNP Paribas will have to meet a lower buffer requirement.
November 22, 2022PBOC deputy governor Fan Yifei has been placed under investigation over allegations of “severe violations of discipline and law”.
November 7, 2022The former president was abruptly removed from his post in April, after spending nearly nine years building CMB into China's top retail bank.
October 13, 2022Local governments will be allowed to relax interest rate floors for first-home buyers. Tax refunds are available for those selling their home to buy a new one.
October 4, 2022The CNY 30 billion fund will be used to buy property from developers and turn them into rental housing, supporting efforts to contain China's real estate crisis.
September 27, 2022The HKGFA is looking to address misconceptions about the EU-China Common Ground Taxonomy and how it is meant to be used, says Chaoni Huang.
September 20, 2022