Cathay General names COO Chang Liu as its new CEO

The bank has 61 branches in nine states in the U.S., including branches in Chicago and New York City. It also has one branch in Hong Kong and representative offices in Beijing, Shanghai and Taipei, ... ( read original story ...)

China seizes financial firms linked to conglomerate

Chinese regulators on Friday seized control of a group of financial institutions with connections to the same holding company, in a crackdown by authorities seeking to stem systemic financial risks in ... ( read original story ...)