minsheng bank

Citic Bank uncovers near-Rmb1 billion bill fraud

For the second time in a week, a Chinese bank discloses it is the victim of a scam involving the alleged embezzlement of cashed bills for investment in local stock markets.

January 28, 2016

ICBC’s Zheng poised to lead Minsheng Bank

Zheng Wanchun, vice president of ICBC, is set to take the helm of China Minsheng Bank, the country’s largest private lender by assets.

August 03, 2015

Chinese bank profit growth may fall to single digits in 2013

Profits will be squeezed by lower interest margins and fee income, analysts say.

August 27, 2012

China Merchants Bank gets approval for $5.5 billion rights issue

The Chinese lender will tap both its A- and H-shareholders as it joins a long line of Chinese banks that are selling shares to boost their capital ratios.

April 10, 2012

Profitability of Chinese banks set to fall

Once again, the country's lenders will post good 2011 results, however, 2012 earnings prospects are gloomy.

March 22, 2012

China Everbright Bank to sell shares in Hong Kong

The Chinese bank, which raised $2.8 billion from a Shanghai IPO in August, said it plans to tap the Hong Kong market by offering up to 12 billion shares.

February 21, 2011