Free Trial

China will add more domestic banks to...>

CHINA PRESS
CHINA PRESS: China will add more domestic banks to the list of systemically
important banks (D-SIBs), a move which will see them subject to increased
regulation, according to Cao Yu, a vice chairman of the China Banking and
Insurance Regulatory Commission (CBIRC). In a commentary published in the China
Banking and Insurance News, a media outlet affiliated with the regulator, Cao
said that 196 regional Chinese banks are among the Top 1000 in the world
according to their Tier-1 capital levels, a hint that they should be treated as
D-SIBs. China currently requires banks on this list to have additional capital
equal to 1% of risk-weighted assets. 

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.