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Chinese banks offer more conservative products to gain edge in wealth management business
Date: Oct 09, 2012
Author: Baron Laudermilk
Categories: China, Retail Banking, Wealth Management
Keywords: HNWI, SPDB, China Merchants Bank, ICBC, Tang Jiahui, China Merchants Bank, Wang Jing, BoC, Ferdinand Jonkman, Bank of Beijing
Chinese banks seek to leverage on low-risk WMPs that offer steady but lower returns to attract HNWIs looking for a safe haven in China’s slowing economy.
Smaller Chinese banks still gambling on risky wealth management products
Date: Aug 08, 2012
Author: Baron Laudermilk
Categories: China, Retail Banking, Wealth Management
Keywords: China Merchants Bank, Shanghai Pudong Bank, ICBC, Tang Jiahui, ICBC, Zheng Zhiguang, Bank of Beijing, Fitch, World Gold Council, Ferdinand Jonkman, HNWIs, WMPs
Smaller banks in China are experiencing rapid growth rates in the wealth management market by offering high-risk WMPs to customers, placing the country’s banking sector in jeopardy.
Increased demand for unrated bonds to negatively impact ratings agencies
Date: Jul 11, 2012
Author: Tiah Wen Li
Categories: China, Credit Risk, Exchanges, Hong Kong, Markets & Exchanges, Risk and Regulation
Keywords: Unrated Bonds, Moody’s, Standard & Poor’s, Fitch, Debt Capital Market, HNWI, Sovereign Bonds, Goldman Sachs, Rita Chan
Investors are increasingly able to identify bond offerings by strong and stable corporations and therefore do not need ratings agencies to aid in their decision-making process.
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