A year or so ago, I was talking with a good friend of mine who has a fairly high level position with one of the big American banks that has spent huge money buying into Chinese banks. I was saying I could not understand why American banks were so... ...full story at China Law Blog
from China Law Blog on Tue, Jul 01 2008
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| 05 Sep 07 |
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Banks flock to China »
YouTube video Banks flock to China
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September 4 - Foreign banks are racing into China to grab an estimated $2 trillion in personal savings.
Bank of East Asia aims to set up a Private bank for millionaires by... |
| 25 Sep 08 |
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China to America: No More Money For You » The China Expat It seems America’s days of free lunches are drawing to a close. Today the news came out that Chinese banks have been given a directive from the CBRC (China Banking Regulatory Commission) to stop lending to American banks while the crises is still... |
| 24 Nov 07 |
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China's smaller commercial banks report better performance » People's Daily China's city-level commercial banks recorded an average non-performing loan (NPL) ratio at four percent for this year, down form the 15.26 percent level at the end of 2003, according to Jiang Dingzhi, deputy head of the China Banking Regula ... |
| 29 May 08 |
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Calamitous US Banks still cashing in » Richard Spencer And now for something completely different, though merely in fact a reprise of what now seems a very old theme. You may remember a few months ago I made the rash claim that the amounts of money lost by American banks in the credit crunch - and the amount... |
| 25 Sep 08 |
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China banking regulator denies report on lending ban to U.S. banks » People's Daily The China Banking Regulatory Commission (CBRC) on Thursday denied a media report in Hong Kong that it has told domestic banks to halt interbank lending to U.S. banks. "The regulator has never, through any channel, issued a statement or told... |
| 26 Feb 08 |
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Top banks lend 100 bln yuan in 2007 for green projects » People's Daily China's top five banks offered loans of more than 100 billion yuan (14.08 billion U.S. dollars) last year to support companies' environmental plans, the top banking regulator said on Tuesday. The China Banking Regulatory Commission ... |
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