foreign banks

HSBC Says China Should Loosen Regs For Global FIs

HSBC Says China Should Loosen Regs For Global FIs
HSBC Says China Should Loosen Regs For Global FIs
October 27, 2019  |  Regulation

HSBC executive Peter Wong is calling for China to relax regulations so that foreign banks can have an easier time obtaining licenses and raising deposits...

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China Promises To Grant More Foreign Bank Licenses
China Promises To Grant More Foreign Bank Licenses
January 24, 2019  |  International

More approvals are coming in China for global banks looking for majority ownership in their local securities ventures, according to a top Chinese regulator. Get...

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China Gives Nod To Wholly Owned Foreign Banks
China Gives Nod To Wholly Owned Foreign Banks
October 26, 2018  |  Regulation

Draft rules from the China Banking and Insurance Regulatory Commission (CBIRC) show that the regulator will relax at least some ownership rules for foreign banks....

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China’s Bank Regulator Makes Foreign Investments Easier
China’s Bank Regulator Makes Foreign Investments Easier
February 26, 2018  |  International

In an effort to bring more investments to the financial sector, the China Banking Regulatory Commission (CBRC) has overhauled rules to make things easier for...

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China Drafts Measures To Ease Foreign-Bank Entry
China Drafts Measures To Ease Foreign-Bank Entry
December 29, 2017  |  International

China’s banking regulator has issued a draft measure to amend licensing and oversight of the banking activities of foreign-backed financial companies, according to Thursday (Dec....

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