Having been granted a Beijing branch licence, the US firm expects to see a big increase in Chinese demand for its asset services, including private-equity administration.
The best way for China's banks to deal with a growing number of non-performing loans is to allow assets to be securitised and sold at distressed levels, argues political ...
Is ICBC Credit Suisse to be the last of the great bank joint-venture deals in China? With uncertainty looming over the renewal of bank JV licence rules, such partnerships may ...
China is nipping equity exposure in bank wealth management products, while structured product distribution will be treated with a heavier hand in Taiwan.
Officials from the CSRC, CBRC and CIRC have met with counterparts in Taiwan’s FSC. Market watchers expect a deal to be finalised by mid-2009.
Poor performance in QDII structured products may have awakened China’s banking regulator to the need to revamp how consumer banks sell investment products.
A memorandum of understanding signed with the Securities & Exchange Commission in the US makes it the fifth market in which Chinese banks can invest.
But linking distribution of local mutual funds to custody of their assets may prove a more difficult leap.
The China Banking Regulatory Commission says it has signed a deal with Japan's Financial Services Agency to allow Chinese banks to invest in Japanese securities.
Schroders will provide six of its international mutual funds for Citibank’s QDII product.
Measure expected to trigger a flurry of structured products giving mainland investors access to Hong Kong equities.