China
China to introduce deposit insurance system
Will lay the basis for interest rate liberalization in banking sector.
China's shadow banking danger to escalate in 2015
Moody's sees no immediate meltdown in China's shadow banking, however.
ICBC to open RMB center in Luxembourg
Spurred by successful US$1.7 billion trade last year.
ICBC executive appointed head of CIC
Li Xiaopeng heads China’s sovereign wealth fund with over US$410 billion in assets.
New rules dampen demand for WMPs
These also threaten banks’ profits, however.
China to liberalize interest rates further
Aim is to allow the financial sector to better serve the real economy.
Local government debt remains grave challenge to China’s banking system
Debts are a heavy burden on public finance.
CCB buys stake in 2nd biggest Russian bank
China Construction Bank among buyers of a 55% stake in VTB Bank.
ICBC loses Goldman Sachs investment
US investment firm makes US$1.1 billion by selling remaining ICBC shares.
AgBank VP fired for taking huge bribes
Yang Kun is highest-ranking bank executive to be investigated for corruption.
Urgent action needed to solve China’s massive debt problem
Inaction could result in a damaging hard landing for the economy.
Here's how China banks fared in 1Q13
Gap between big banks and JSBs narrowed.
5 signs that ICBC will outperform in 2013
It has defensive profitability and pricing power.
Chinese banks threatened by sixth straight quarter of rising NPL since 2011
NPL ratio rose to 0.96% by end-March.
IMF warns China over fragile banks
Fears Chinese banks are incapable of withstanding multiple crises.
Chinese banks should do more online business
Ernst & Young also recommends they develop their intermediary business.