China

Assets of Chinese banks hit US$22.9 trillion in July

Liabilities rose 14% to US$21.4 trillion, however.

China close to permitting certificates of deposit

Seen as another key step towards liberalization.

Hang Seng Bank appoints Dorothy Sit as head of China business

Hang Seng Bank today announced that Mrs Dorothy Sit, 61,Vice-Chairman and Chief Executive of Hang Seng Bank (China) (‘Hang Seng China’), and a Non-executive Director of Hang Seng Bank, has been re-designated as an Executive Director of the Bank with effect from 22 August 2013.

Bank of Communications' NPLs now stabilizing

BoCom’s NPL ratio increased a mere 2bp in 2Q13.

China Everbright fires president

Cites embarrassing trading errors.

NFC gaining traction with more Chinese banks

Leverages advantages of smartphones in financial transactions.

3 reasons behind BoCom's stable NIM in 2Q13

BoCom cut high cost deposits by RMB10b.

PBOC gets tougher on trust loans

Part of crackdown on shadow banking sector.