World’s Biggest Bank Forced to Trade Via USB Stick After Hack
On Thursday, trades handled by the world’s largest bank in the globe’s biggest market traversed Manhattan on a
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ICBC Tells Clients to Reroute Some Trades After Cyber Issue
Industrial & Commercial Bank of China Ltd. was hit by a cyberattack that prevented it from clearing swathes
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ICBC Hit By Ransomware Gang Linked to Boeing, Ion Attacks
Industrial & Commercial Bank of China Ltd. is suspected of being hacked by the same group that has
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Asia Bank Margins to Dip as Rate Hikes Sink in, Bad Loans Grow
Lending margins will be in focus this week when Asia’s largest banks report earnings, amid peaking interest rates
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China State Fund Buys Bank Shares, Fueling Market Rescue Hopes
China’s sovereign wealth fund increased its stake in the nation’s biggest banks for the first time since 2015,
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Senior Nomura Banker Barred From Exiting China, FT Says
A senior banker at Nomura Holdings Inc. has been barred from leaving China in a move connected to
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China Funds Look to Calm Once-Bitten Clients Hurt by Bond Losses
A pickup in losses in China bonds has sent local money managers rushing to reassure jittery clients that
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China to Set Up New Agency to Promote Growth in Private Sector
China’s top economic planner is creating a new department to help private businesses, the latest step by the
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Chinese Banks Lend Billions to Russia Amid Western Sanctions: FT
China’s biggest banks are extending billions of dollars to Russia as sanctions pressure western lenders to exit the
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China Central Bank Meets With Private Firms, Pledges Funding
The People’s Bank of China met with lenders and private businesses on Wednesday, pledging to improve their access
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China’s Largest Bank Nears Record Low Valuation on Margin Woes
Industrial & Commercial Bank of China Ltd. is trading near a record low valuation, with its shares down
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Top China Housing Official Urges Fresh Property Aid Efforts
China’s top housing official urged financial regulators and lenders to strengthen efforts to revive the country’s ailing property
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