SHANGHAI, March 30 (Reuters) - China Construction Bank Corp (CCB) said on Thursday it needs to manage credit, liquidity and market risks, in light of the banking crisis in the EU and United States. ( read original story ...)
China’s Bank of Communications says it does not hold Credit Suisse AT1 bonds
SHANGHAI, March 30 (Reuters) - China’s Bank of Communications Co Ltd (BoCom) said on Thursday it does not hold Credit Suisse Additional Tier 1 (AT1) bonds. The comments were made by Tu Hong, a ... ( read original story ...)
World stocks rise as bank fears ease; China economy improves
Shares are higher in Europe and Asia following a rally on Wall Street as worries over banks following the collapses of several lenders in recent weeks recede. ( read original story ...)
Stocks rally on Wall Street as bank fears ease further
Wall Street pointed higher early Wednesday as anxiety about the global financial system began to wane somewhat following three high-profile bank failures. Futures for the benchmark S&P 500 index were ... ( read original story ...)
Asia stocks mostly rise after Wall St rally, bank fears ease
Asian shares are mostly higher following a rally on Wall Street as worries over banks following the collapses of several lenders in recent weeks recede ... ( read original story ...)
Postal Bank Gains After China Mobile Buys $6.5 Billion Stake
Postal Savings Bank of China Co., one of the country’s largest state-owned commercial lenders, rose in Shanghai trading after China Mobile Ltd. agreed to buy a stake worth 45 billion yuan ($6.5 ... ( read original story ...)
Asian stocks mixed after Wall St rally as bank fears ease
South Korea's Kospi rose 0.2% to 2,449.45. Hong Kong's Hang Seng lost 0.7% to 20,048.99, while the Shanghai Composite declined 0.2% to 3,232.39. “Fading concern about the banking sector is also ... ( read original story ...)