China

Credit card fraud tops Shanghai’s financial crimes list

Accounted for 88% of financial crime cases in court in 2012.

ICBC reports 14.5% hike in earnings

Performance in 2012 makes it the world’s most profitable bank.

China’s banking crisis has begun

Hong Kong economist said debt bomb is about to explode.

ABC and BOC report slower profit growth

Two of the Big Four banks said economic slowdown crippled loan demand in 2012.

China warns banks anew on WMPs

Orders banks to strengthen checks on underlying assets of Wealth Management Products.

Why BOC is top pick among Hong Kong banks

Has strongest capital adequacy ratio (12.3% Tier 1) vs peers, an attractive 5.2% dividend yield and CNH asset deployment growth potential.

Higher credit charges help depress ABC’s net profit

Agricultural Bank of China reported net profit of RMB 145.1bn for FY12.

Here’s more from Barclays

Stronger-than-expected fee income and lower credit costs push up profit.

CBRC warns banks against lending to nine sectors

Move is aimed at improving implementation of standardized loan procedures to reduce risk.

Check out HSBC's new RMB cross-border payments solution in China

Learn more about the tailor-made ‘gross-in / gross-out’ model.

6 key takeaways from China Construction Bank's FY12 results

2013 NIM is expected to be at the 2011 level of 2.7%.

See how China Construction Bank fared in 2012

Net profit increased 14% to RMB 193.2b.

These are the 4 key drivers for China's rapid WMP market expansion

Bank-issued wealth management products have a four-year CAGR of 72%.

ABC implementing ‘Four Urbanization” program

Will actively engage development opportunities arising from urbanization.