China Mortgage
Weekly Global News Wrap: Citi to divest Mexico consumer arm via sale or IPO; Wells Fargo hires third-party race auditor
And China’s homeowners rush to offload mortgages.
Weekly Global News Wrap: Citi to divest Mexico consumer arm via sale or IPO; Wells Fargo hires third-party race auditor
And China’s homeowners rush to offload mortgages.
China’s new bank loans plummet in July amidst COVID fare-ups, property jitters
Analyst warned that new lending may continue to disappoint in the near term.
Property woes, unemployment threaten structure letting Chinese banks offload bad loans
NPL securitisations allows banks to sell NPLs to a vehicle.
Mortgage boycott threatens Chinese banks’ loan quality
This highlights the need to tighten regulatory oversight of escrow accounts, Fitch said.
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1. Labour force upskilling needed as SG nears 'super-aged' status 2. Cambodian banks breach covenants as bad loans surge 3. MAS, IBF working on gen AI job impact map 4. Australia’s P&N Bank scraps proposed merger with Beyond Bank 5. Australia’s P&N, Beyond Bank likely to seek other merger opportunitiesResource Center
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Standard Chartered Hong Kong wins big at ABF Retail Banking Awards 2024
Co-Written / Partner
The bank’s efforts and achievements have become a testament to its commitment to its colleagues and the communities it serves in.
Co-Written / Partner
Standard Chartered Hong Kong wins big at ABF Retail Banking Awards 2024
The bank’s efforts and achievements have become a testament to its commitment to its colleagues and the communities it serves in.
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Most Read
1. Labour force upskilling needed as SG nears 'super-aged' status 2. Cambodian banks breach covenants as bad loans surge 3. MAS, IBF working on gen AI job impact map 4. Australia’s P&N Bank scraps proposed merger with Beyond Bank 5. Australia’s P&N, Beyond Bank likely to seek other merger opportunitiesEvents
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