Experts from the Shanghai Municipal Financial Regulatory Bureau said this is like "an umbrella account" structure, which includes a main bank account and various subaccounts. This structure is ...

HONG KONG--(BUSINESS WIRE)--Shanghai Commercial Bank (SCB) and Planto, a leading digital banking solution provider headquartered in Hong Kong, have partnered together to leverage innovative ...

Xi's Shanghai trip, his first to China's main international financial hub since November 2023, comes at a time when the tariff fight with the U.S. has raised the stakes for global economic growth ...

Xi said that Shanghai, China's main international financial hub, should strive to be at the forefront of artificial intelligence (AI) development and governance, the report added.

Today, Citi (NYSE: C) and Bank of Shanghai launched a first-of-its-kind payments solution on Bank of Shanghai’s TourCard. The TourCard aims to provide ...

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HONG KONG, January 27, 2025--Shanghai Commercial Bank (SCB) and Planto, a leading digital banking solution provider headquartered in Hong Kong, have partnered together to leverage innovative ...