Citigroup said on Monday it had appointed Wenjie Zhang as its new country officer and banking head for China, after the exit ...

China's central bank has injected 700 billion yuan ($97 billion) into its banking system during May through an outright ...

China told its biggest banks to increase the use of the yuan in trade with foreign partners, raising the required ratio to 40 ...

Their shares rose on Monday a day after the plans were announced. Bank of China said it aims to raise up to 165 billion yuan and China Construction Bank plans private placements of up to 105 ...

May 22, 2025 Former PBOC deputy governor Liu Guiping to head Bank of China, sources say China will appoint financial veteran Liu Guiping as chairman of Bank of China , the nation's fourth largest ...

China will cut the seven-day reverse repurchase rates by 10 basis points to 1.4% from 1.5%, the People's Bank of China Governor Pan Gongsheng said at a press briefing. The central bank will also ...

Bank of China International Holdings Ltd., the investment banking arm of the giant Chinese state-owned lender, is pulling back from commodities after wild price moves over the past few years shook ...

The People's Bank of China (PBC), the central bank, announced on Wednesday a new package of monetary policies to reinforce broad market expectations, and the measures includes lowering the reserve ...

Bank of China Ltd. reported a 2.6% increase in full-year profit as a drop in impairments helped offset pressure from falling interest rates. Net income rose to 237.8 billion yuan ($32.7 billion ...