Chinese banks grow strongly in Australia 03 May 2021 6:30AM Latest news John Kavanagh Despite the tensions between Australia and China over trade and diplomatic issues, Chinese banks recorded strong growth in resident Australian assets in 2020. read more
Banking aspirant eyes slice of Bank of China’s Aussie pie 09 July 2020 7:01AM Latest news George Lekakis Bank of China’s rapid growth in the under-served Chinese-Australian consumer banking market is set to be challenged by a new Melbourne-based financial services aspirant. read more
Bank of China boosts Aussie firepower 26 April 2019 4:06PM Branches of Foreign Bank George Lekakis Bank of China's Australian subsidiary is planning to deepen its presence in the local banking market after receiving a A$330 million capital injection from its Beijing-based parent. read more
Foreign news: Bank of China boosts HK business unit, PayPal hit with class action 02 March 2017 4:44PM Foreign news Banking Day staff The Bank of China's Hong Kong business unit has agreed to buy its parent's branches in Indonesia and Cambodia for a combined HK$2.9 billion. read more
Foreign news: China keeps foreign cards out, ABN AMRO sells Asian private banking 07 December 2016 5:08PM Foreign news Banking Day staff The People's Bank of China has told China's banks not to renew any co-branded credit cards bearing the logos of foreign card issuers such as Visa and MasterCard. read more
Bank of Sydney sidesteps ABA reform program 24 October 2016 4:45PM Finance regulation John Kavanagh Three retail banks are 'no shows' for the reform program announced by the Australian Bankers Association five months ago. read more
Australian RAC pack follows world banking leaders 04 August 2016 4:10PM Ratings agencies Ian Rogers Standard & Poor's has applied a risk adjustment filter to bank capital and re-ordered the list of the world's top banks, with some surprising results. read more