SUBSCRIBERS
China bank funding rush shows caution over outflows
Published Wed, Jan 13, 2016 · 09:50 PM
Shanghai
HOW serious is the risk of a sudden exit of funds from China's banking system? The nation's banks aren't waiting to find out.
Ninety-nine lenders announced plans for 5.8 trillion yuan (S$1.3 trillion) in certificate of deposit sales this year, data from the National Interbank Funding Center show, exceeding the full-year total of 5.4 trillion yuan in 2015. That echoes record i…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Banking & Finance
Latest Singapore 6-month T-bill offering cut-off yield of 3.74% as applications dip
Morgan Stanley Asia private equity unit to reorganise as CEO retires
US seeks 36 months’ jail for Binance founder Zhao
Keppel’s Q1 revenue down 6.3% to S$1.5 billion; legacy O&M assets a drag on net profit
JPMorgan talking with investors about two synthetic risk transfers
HSBC says growing Chinese wealth fuels client investments in US