banks [1]
Asian central banks may spook investors in 2007
17 Dec 2006 19:30 GMT | einsnews.com
... the region's central banks. Policy makers in China, South Korea and India may have no ... overstretched securities - such as Indian and Chinese equities - more volatile than they have ... Sachs Group Inc. analyst Kim Sun-bae in Hong Kong. At least in these three Asian nations, ...
Nine foreign banks get first China registration nod (Reuters)
Sun, 24 Dec 2006 09:45:33 GMT | Yahoo! News
Reuters - China's banking regulator said on Sunday it had granted approval for nine foreign banks to prepare for local registration, an initial step in granting national treatment.
China approves local incorporation of nine foreign banks (AFP)
Mon, 25 Dec 2006 17:38:09 GMT | Yahoo! News
AFP - China's banking regulator has announced it had approved applications from nine foreign banks to incorporate their China operations locally, giving them easier access to millions of retail clients.
China raises reserve ratio for banks (AP)
Fri, 05 Jan 2007 10:20:55 GMT | Yahoo! News
AP - China on Friday raised the amount of money banks must hold in reserve for the fourth time in a year, cutting the amount available for lending in a new effort to cool sizzling economic growth.
Banker cites need for more professionals at banks in China
| Findory News China
International Herald Tribune: Mainland Chinese banks still employ too many office-support workers and rely too much on friends and relatives of their employees to draw in new business, a senior banking official said in remarks published Monday.
Paulson: China should open banks to foreign control
| Findory News China
Marketwatch: WASHINGTON -- China should open its financial sector to foreign competition, including allowing allow foreign ownership of its banks, U.S. Treasury Secretary Henry Paulson said Thursday in a speech in China.
Warning to foreign banks in China
| Findory News China
Financial Times: Intense competition in China could prevent foreign banks from profiting from their investments in credit card and mortgage ventures for another 10 years, according to a KPMG report.
