Initiatives China’s Bank of Communications ramps up green lending Yomna Yasser Jun 9, 2024 0 The Bank of Communications, one of China's largest commercial banks, is increasing its financial support for the…
Tech news China’s banks become major investors in Big Fund III Nada Ali May 28, 2024 0 China has launched a $47.5 billion semiconductor investment fund called Big Fund III, with six major financial…
Banks China’s biggest banks issue first loss-absorbing debt Nada Ali May 16, 2024 0 China's leading banks have taken a significant step towards meeting international financial regulations by issuing…
Banks China’s banks face $900b bill to meet global bailout rules Nada Ali May 7, 2024 0 China's five largest lenders must raise nearly $900 billion in special debt by 2028 to comply with international…
Banks HSBC doubles CEO pay despite Q4 profits fall Nada Ali Feb 21, 2024 0 HSBC has nearly doubled the pay of its CEO, Noel Quinn, to £10.6 million, up from £5.6 million in 2022, despite a…