China to merge its banking and insurance regulators – parliament document

BEIJING, March 13 (Reuters) – China said it will merge its banking and insurance regulators, according to a parliament document released on Tuesday, in a long-awaited move to streamline and tighten oversight of the financial system in the world's second-biggest economy. China will also transfer some
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PeerIQ looks at the Amazon-Chase partnership on banking. Zopa competes with tech giants for talent. Funding Circle working with 4 big banks to prepare for IPO.
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The Managing/Chief Executive Officer, ntel, Ernest Akinlola has lamented that the exit of Etisalat from the country has compounded funding in the telecoms sector as both foreign direct investment (FDI) and local lending are stalled. Speaking as a guest at a forum organised by the Nigeria Information
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Wells Fargo & Co.'s middle-market banking sector recently welcomed a new executive on board in its Charlotte office. Hunter Shull was named regional vice president in middle-market banking for the greater Charlotte and western North Carolina area, which encompasses 36 counties. Wells Fargo
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The financial services Royal Commission has begun to detail the depth of misconduct in the sector and at times fraudulent behaviour that has forced hundreds of millions of dollars to be paid in compensation to consumers. Senior Counsel Assisting Rowena Orr QC cited falsified documentation in home
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These respondents represent the audiences of information brands such as American Banker, National Mortgage News, The Bond Buyer, Accounting Today, Financial Planning, Employee Benefit News and Health Data Management. (We excluded the responses of human resources professionals from
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Real estate: China's restrictions on foreign real estate purchases sharply slowed Chinese investment in Canadian offices, hotels and other large properties late last year – even before Beijing's dramatic seizure of Anbang Insurance Group, whose buying spree had driven up prices. Story (Rachelle
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Toronto's government is too reliant on the cash it rakes in from the city's land-transfer tax, which has ballooned with the real-estate boom but could plummet in a market crash, a new report from the city's financial managers warns. The document, titled Long Term Financial Plan: The City of Toronto's
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by James Frost. The Hayne royal commission into the banking, superannuation and financial services industry has left no doubts as to who the real targets of the inquiry are after zeroing in on the misselling, misconduct and outright fraudulent behaviour that has taken place in the consumer credit sphere.
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China will merge its banking and insurance regulators in a move to plug regulatory loopholes that have enabled risky forms of shadow banking. The National People's Congress, the rubber-stamp parliament, announced the combination of the China Banking Regulatory Commission and the China
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On Saturday, BRIDGE Housing and Emerald Fund hosted the first neighborhood meeting for a proposal to build 428 rental apartments along Mission. The units will be contained in two 6-story buildings, separated by affordability: 175 subsidized affordable units in one, 253 market-rate units the other.
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We are representing a leading international (non bulge-bracket) bank, looking to hire a general lending lawyer to join their well-established EMEA legal team. This business has a strong network internationally and it and it offers a wide range of wholesale banking products and through its investment arm
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(SourceMedia, which publishes Employee Benefit News, conducted its online survey of more than 3,000 professionals across multiple industries in the first quarter of 2018. The study, “Sexual Harassment in the Professional Workplace,” is a joint project of SourceMedia's editorial and research
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In another 7% of cases, involving 168 people, those facing the financial institutions in court represented themselves. Those who conducted the study also personally attended 150 cases and concluded that “ECB direct supervision of mortgage institutions in Ireland shows no respect for the human rights
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While HGTV programs and Pinterest offer customers a glimpse into the world of real estate, design, and residential construction, they also tend to result in unrealistic client expectations that builders have to manage. “Today's home buyer is smarter and isn't looking for broad-brush solutions, but rather for
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Peters, who is one of 16 Democratic senators to join with Republicans to advance a bill that would bring about the first big overhaul of banking regulations since the Dodd-Frank law was passed in 2010, said part of the legislation is to make sure smaller community banks, credit unions and regional
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Capital gains and dividend income are the two main ways investors reap benefits from investing in the stock market. With stocks such as 361 Degrees International, investors can have the best of both world by buying dividend payers when they're deemed undervalued. Here are three undervalued
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High on the list of questions for the CFPB nominee will be how to proceed with the CFPB rule restricting payday lending practices, which has drawn enormous controversy. In January, Mulvaney scuttled the small-dollar lending rule. His decision to reconsider the regulation along with the agency's moves
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At the Inman Connect New York event, one lucky Miami real estate professional talked about how she had brokered not one, but four cryptocurrency real estate deals. As the interview came to a close, the question was posed, “How did the escrow work?” The answer? The buyer converted their Bitcoin
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Out of 22 analysts tracked by Bloomberg who follow China's state-run global oil major, 14 recommend buying the stock and none call for selling. Consensus price target for the stock is about 27 percent higher than the current level, versus 15 percent for shares of comparable companies, according to
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