China Minsheng Bank , has cut pay by up to 50% for its Beijing branch employees, two people with direct knowledge of the ...

The Bank of China, one of the country’s main state-owned lenders, is now allowing American clients to open accounts in renminbi and trade in the currency, another step in China’s effort to ...

Zhongzhi Enterprise Group, a former leader of China's shadow banking sector that declared insolvency last year, used ...

BEIJING (Reuters) -Bank of China Vice Chairman and President Liu Jin resigned for personal reasons effective on Sunday, the bank said. The state-owned lender said its board had approved Chairman ...

From his early days at the State Administration of Foreign Exchange, or SAFE, to his current business leadership role in the ...

The largest banks in the world are a different breed than the thousands of smaller regional and local financial institutions.

As cross-border business becomes more complicated, China's finance industry is abuzz over possible workarounds, says one ...

Chinese authorities have banned PwC China for six months and fined it Rmb441mn ($62mn) after saying staff had “concealed or ...

Traders are seeing a surge in trading of some Chinese special government bonds mostly owned by the central bank, a sign that ...

Companies such as Shein, ByteDance and BYD are setting up shop in a host of non-aligned third countries, including Singapore, ...

- The Nikkei was unmoved by the BOJ and again led Asia today, +2% on top of yesterday’s +2.2%. JP yields also non-responsive.