All posts tagged "China Everbright Bank"
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131ChinaChina 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 -
289ChinaNAFMII Punishes Bond Underwriters Over SOE Default
The three banks failed to conduct proper due diligence and verify cash that appeared to be abnormally restricted when underwriting Yongcheng Coal’s bonds.
January 22, 2021 -
1.7KChinaChina Bond Default Shock Prompts NAFMII Underwriter Probe
Haitong Securities, Industrial Bank, China Everbright Bank, Zhongyuan Bank are suspected of violations, as recent defaults prompt concerns over the health of SOEs.
November 20, 2020 -
403China
CBIRC Moves to Stamp Out Abuse of Cheap Loans
Banks have reportedly been directed to reduce their structured deposits to January levels, as part of CBIRC efforts to stamp out abuse of cheap loans.
June 11, 2020 -
1.5KChina
CBIRC Fines Eight Banks Over Poor Quality of Reported Data
The banks were each fined between 1.6mn and 2.7mn yuan for underreporting information on certain transactions, wealth management products, and credit asset transfers.
May 14, 2020 -
5.0KAML / KYCPBOC Fines Three FIs, 24 Officers for AML Compliance Failures
China Minsheng Bank, China Everbright Bank and Huatai Securities have been fined a combined 52mn yuan for failures in customer identification, transaction reporting and record keeping.
February 18, 2020 -
1.2KChinaChina to Increase Oversight Over Banking & Finance Mobile Apps
The National Internet Finance Association has launched a 23-firm pilot scheme to address concerns around risks to user privacy from financial institutions' mobile apps.
December 6, 2019 -
624Capital RegulationCBIRC Finalises Net Capital Rules for Banks’ Wealth Management Units
The regulator has fixed the minimum net capital for commercial lenders' wealth management subsidiaries at 500 million yuan, and at least 40 percent of the net assets.
December 6, 2019 -
463Capital RegulationCommunist Party Committees To Foster Risk Aversion at Chinese Banks
China’s regional and mid-tier banks are formally establishing Communist Party committees in support of the government’s bid to crackdown on excessive risk taking in the banking sector.
June 28, 2018
