China

The souring economy is forcing China to hedge against bank bankruptcies.

The banking sector could see a large drop in profits this year due to domestic and international financial turmoil.

Reports say that Chinese banks grabbed a third of global banking profits in 2011 as European banks retrench - but will this last?

Europe’s punishing financial turmoil has been good for China’s Big Four banks.

Armed with ample cash, China’s second largest bank will now accelerate its overseas expansion.

China has given permisssion to ten Taiwanese banks to establish branches on the mainland.

The Bank of China became the first mainland bank to commercially operate in Taiwan with the opening of its Taipei branch.

While not downgraded by credit ratings agencies, China’s huge state-owned banks are cause for serious concern in the weakening economy.

Agricultural Bank of China continues its North American expansion.

A new agreement improves government oversight of their banks in each country.

ICBC branches are aggressively marketing the bank's equipment leasing service to SMEs to address their difficulty in accessing bank loan for production upgrade.

Faced by a weakening economy, China offers Taiwanese investors a package of bank loans as incentives.

One of China’s “Big Four” will open for business in New York this summer.

Chinese firms will be allowed to use foreign currency loans they acquire from domestic banks to finance operations overseas starting on July 1.

The PBOC said reports that it allowed 30 percent lending discounts to first-time home buyers contain deliberate misinterpretations.

Cathay United Bank will purchase 70 percent of the Cambodia-based Singapore Banking Corp. Ltd.