BEIJING (Reuters) - China needs to regulate booming online financial services firms to curb the risks they pose to the wider financial sector, the former president of Industrial and Commercial Bank of China, Yang Kaisheng, said on Thursday. FULL ARTICLE AT Reuters
China Banks Show Too-Connected-to-Fail Link to LoansBloombergBy Bloomberg News 2014-03-04T04:25:25Z. - Comments Email Print. Share. Facebook · Twitter · Google+ · LinkedIn; Email Print. Save. Photographer: Imaginechina via AP Photo. Customers at a branch of ICBC (Industrial and Commercial Bank ...FULL ARTICLE AT Bloomberg
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The Industrial and Commercial Bank of China (Asia), or more commonly known as ICBC (Asia) (Traditional Chinese: 中國工商銀行(亞洲), 工銀亞洲) is a licensed bank incorporated in Hong Kong. It is a subsidiary of the Industrial and Commercial Bank of China.
ICBC acquired Union Bank of Hong Kong (友聯銀行), founded in Hong Kong in 1964, and traded on Hong Kong Stock Exchange since 1973, on August 21, 2000; ICBC then... Full
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