August 4, 2020
Via: Banking TechnologyAccording to Reuters sources, the State Council has gathered evidence on the two firms for more than a month. It plans to investigate whether the payments giants have used their dominant market position to prevent competition from gaining a significant […]
January 16, 2020
Via: Banking TechnologyIn what is being billed as a push to reduce risk in the financial sector and encourage new entrants into the marketplace, the new rules could allow existing foreign companies in China – Like HSBC and Standard Chartered – to […]
January 6, 2020
Via: Banking TechnologyFollowing a period surveying the industry, the regulator has published new measures which cancel the total asset requirement for foreign banks aiming to set up in China. It will also relax limits on shareholders of joint ventures in the country. […]
September 7, 2018
Via: CNBCHNA Group, one of China’s largest conglomerates and the owner of a $40 billion-plus empire of businesses and company stakes, will be exiting its 7.6 percent stake in Germany’s Deutsche Bank, the Wall Street Journal reported Friday. The decision, according […]
March 26, 2024
April 4, 2024
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