In today’s top news in digital-first banking, Bank of America is expanding its business-to-consumer (B2C) payment offerings, while State Street’s exchange-traded funds business is considering...
China’s Banking and Insurance Regulatory Commission (CBIRC) is encouraging investors such as companies and non-bank financial groups to acquire and provide additional capital to shore...
With the newest effort to direct more funding its most susceptible business vertical, China’s banking regulator said it would begin to watch the level of...
China’s regulators have revealed that the country will be moving away from setting sharp growth targets at its biggest banks, in an effort to increase...
Baoshang Bank, based in Inner Mongolia, will be taken over by China’s banking and insurance regulator over critical credit risks, according to a report by...
As it turns out, there is such a thing as being too successful in selling one’s wares, a reality that China’s pawn shops are about...
China’s peer-to-peer (P2P) lending crisis has caused widespread anger from citizens who are demanding that the government bail out hundreds of collapsed P2P companies. Last...
In the regulatory realm (for Google, at least), call it a case of adding insult to inquiry. A bit of pun there, but the Federal...
Trades between bitcoin and China’s renminbi (RMB) were once very popular, but that’s reportedly no longer the case. News came this week that the volume...