Banking
China Merchants back in with a shot at Wing Lung Bank deal
8 May 2008China Merchants Bank (CMB) is now on Wing Lung Bank's list of preferred bidders after another candidate pulled out, the Wall Street Journal reported. more...
BOC widens HK dollar-yuan spread more than seven times
8 May 2008Bank of China, Hong Kong's only yuan clearing bank, raised transaction costs for conversions between the Hong Kong dollar and the yuan by more than seven times, Bloomberg reported. more...
Deutsche Bank plans to expand in Hong Kong
7 May 2008Deutsche Bank has announced plans to lease up to 18 floors in Hong Kong's new International Commerce Center, giving it capacity to nearly triple its staff there, the Wall Street Journal reported. more...
More...
ABC's Q1 operating profit up 71% (5 May 2008)ICBC, BOCOM announce strong Q1 profits (30 April 2008)
Financial diversity lifts Ping An profits (30 April 2008)
Bank of China Q1 net profit up 85% (29 April 2008)
CIC allowed to invest more abroad (24 April 2008)
Struggling China Eastern to take out $337m in new loans (24 April 2008)
JP Morgan taps ex-CICC chief for China operations (23 April 2008)
Bank of America to sell CCB shares (21 April 2008)
New bank acquisition rules announced (18 April 2008)
PBOC increases commerical bank reserve ratios (17 April 2008)
Banks told to reduce foreign debt (16 April 2008)
Mainland banks cleared to invest in US securities (8 April 2008)
Morgan Stanley holds out for better offers for CICC (27 March 2008)
BOC: Profits up, subprime exposure down (26 March 2008)
CITIC unfazed by collapsed Bear deal (20 March 2008)
Deutsche Bank to up its stake in Chinese lender (20 March 2008)
Ping An investing $6.6bn in Fortis (20 March 2008)

