China Merchants Bank
China banks cut deposit rates to aid margins, drive spending
The country’s prolonged property crisis, deflationary pressure and worries about unemployment are weighing on confidence among households
China charges ex-Merchants Bank president over ‘huge’ bribes
CHINESE authorities charged Tian Huiyu, the former president of China Merchants Bank, over suspected violations including taking bribes and insider trading, after an almost one-year long investigation...
China's mega banks see profit growth topping 5% on lending
CHINA'S largest state-owned banks reported profit growth of at least 5 per cent in the first quarter, fuelled by increased lending and improved asset quality before a Covid outbreak triggered broad lo...
Hong Kong's first SPAC wins exchange approval for IPO, sources say
A blank-check company backed by China Merchants Bank's overseas asset management arm has become the first to win approval for an initial public offering (IPO) in Hong Kong, according to people familia...
US appeals court upholds ruling against Chinese banks in North Korea sanctions probe
[WASHINGTON] A US appeals court said on Tuesday it had upheld a ruling by a US judge who held three large Chinese banks in contempt for refusing to comply with subpoenas in a probe into violations of ...
China private banks won't kill the offshore wealth business just yet
CHINA Merchants Bank has declared its ambition to be Asia's largest private bank, with the bank in April expanding its offshore wealth-management presence in Singapore.
China's largest private bank opens S'pore unit, eyes US$30b AUM in three years
CHINA Merchants Bank, the country's largest private bank by assets, may manage as much as US$30 billion at its Singapore outfit in three years, as it rides the wave of growing wealth of Chinese busine...
China Merchants Bank opens private banking arm in Singapore
CHINA Merchants Bank, China's largest private bank by assets, on Wednesday expanded its private banking business in Singapore.
Citic Envirotech secures 20b yuan for five years to fund water, environmental projects
CITIC Envirotech has secured credit facilities of up to 20 billion yuan (S$4.07 billion) for five years from China Merchants Bank to finance projects in the water and environmental sectors, the group ...
This private bank won't ask you to bring clients
AS the largest wealth manager for China's millionaires races to hire bankers, there's one question it won't ask prospective employees: can you bring any clients?
