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Independence Community Bank News

News on Independence Community Bank (Ticker: 1398) continually updated from thousands of sources around the net.

Monday | The Nation

ICBC (Thai) set to cash in on growing role of yuan as transaction currency

With a view towards expanding financial transactions between Thailand and China and the potential of the yuan, also known as renminbi , in becoming the common means of making transactions, the Industrial and Commercial Bank of China plans to open a yuan clearing bank and introduce yuan products in this country.

Comment?

Related Topix: Financial Services, Banking

Thu Jul 17, 2014

The New Zealand Herald

Stock takes: Questionable Criticism

The criticism New Zealand First leader Winston Peters has levelled at Dame Jenny Shipley for her role with China Construction Bank's local operation is hard to take seriously.

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Related Topix: Banking, Financial Services, Mutual Funds, Personal Finance, Opinion

Wed Jul 16, 2014

The New Zealand Herald

Chinese bank sets up shop in NZ

Competition among banks to attract companies trading in the fast-growing market between New Zealand and China is ramping up as Chinese finance industry giants expand here.

Comment?

Related Topix: Financial Services, Banking

Mon Jul 14, 2014

Business Times

China banks suspend controversial yuan remittance scheme

The paper, citing unidentified sources, said Bank of China, Industrial and Commercial Bank of China Ltd and China CITIC Bank Corp had halted the service which had been approved by the central bank about two years ago.

Comment?

Related Topix: Financial Services, Banking

Sun Jul 13, 2014

South China Morning Post

Investing between the lines in China

Bank of China is one of the big four state-owned commercial banks of the People's Republic of China the other three are Industrial and Commercial Bank of China, China Construction Bank and Agricultural Bank of China.

Comment?

Related Topix: World News, China, Asia, Banking, Financial Services

Fri Jul 11, 2014

ABA Banking Journal

And what nation hosts the most?

European banks are losing some of their dominance in global asset size rankings as they shrink their balance sheets in the wake of the financial crises of the last six years.

Comment?

Related Topix: Electronic, No. 9, Banking, Financial Services, HSBC Holdings

South China Morning Post

Fears of tough action by Beijing following allegation BOC launders money

Bank of China is one of the big four state-owned commercial banks of the People's Republic of China the other three are Industrial and Commercial Bank of China, China Construction Bank and Agricultural Bank of China.

Comment?

Related Topix: World News, China, Asia, Banking, Financial Services

Wed Jul 09, 2014

NEWS.com.au

The world's top 100 banks

ALL of Australia's big four banks have come in the top 50 of a list of the world's 100 largest banks.

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Related Topix: Banking, Financial Services

Tue Jul 08, 2014

Business Journal

McLean's Capital One ranked in Top 100 largest banks in the world

Capital One Financial Corp. is ranked 85th among the world's largest 100 banks, according to a bi-annual list compiled by SNL Financial.

Comment?

Related Topix: Financial Services, Capital One Financial, Banking

Sun Jul 06, 2014

Bloomberg

Temasek Set to Show Slower Asset Growth on Banks

Temasek Holdings Pte's assets probably grew at a slower pace in the year to March because of losses on some of its biggest financial assets.

Comment?

Related Topix: Indonesia, World News, Banking, Financial Services

Fri Jul 04, 2014

China Daily

ICBC continues financial aid for Xinjiang

The Industrial and Commercial Bank of China , one of the nation's leading commercial banks, will continue financial support for northwest China's Xinjiang Uygur autonomous region, according to an a gree ment signed on Thursday.

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Related Topix: Financial Services, Banking

Thu Jul 03, 2014

Reuters

Press Digest-China - July 4

Chinese newspapers available in Beijing and Shanghai carried the following stories on Friday.

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Related Topix: China, Asia, World News, Financial Services, Banking,

Tue Jul 01, 2014

Bloomberg

China's Repression of Savers Eases

The extra interest Yin Xuelan earned last year by socking her savings into wealth management products instead of bank deposits paid for a tour of Taiwan and a microwave oven.

Comment?

Related Topix: Banking, Financial Services, Yale University

Sun Jun 29, 2014

Reuters

Global bank profits hit $920 bln as Chinese lenders boom

China's top banks accounted for almost one-third of a record $920 billion of profits made by the world's top 1000 banks last year, showing their rise in power since the financial crisis, a survey showed on Monday.

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Related Topix: Financial Services, Banking

Thu Jun 26, 2014

Customer Interaction Solutions

Internet giant becomes China's most valuable brand [China Daily: Hong Kong Edition]

Tencent Holdings Ltd has been crowned the most valuable Chinese brand in 2014, according Hurun Report, a leading authority on China's wealthy, on Thursday.

Comment?

Related Topix: Tencent, Banking, Financial Services, Emerging Technology, Search Engines, Baidu, Internet, Science / Technology, Best of 2007

Wed Jun 25, 2014

Wall Street Journal

ICBC, Other Chinese Banks Skirted Loan Limits

Industrial & Commercial Bank of China Ltd. and seven other banks improperly lent more than $60 billion to property developers and others despite government restrictions, according to a Chinese auditing agency.

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Related Topix: Financial Services, Banking

Tue Jun 24, 2014

Business Times

China's ICBC chairman says shadow banks actually productive

The chairman of Industrial and Commercial Bank of China , the world's largest bank by market capitalisation, defended Chinese shadow banks on Tuesday, saying they support genuine economic activity - PHOTO: BLOOMBERG [BEIJING] The chairman of Industrial and Commercial Bank of China , the world's largest bank by market capitalisation, defended ... (more)

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Related Topix: Financial Services, Banking

Reuters

Fitch Affirms Macao's Tai Fung and ICBC Macau; Maintains Rating...

HONG KONG, June 24 Fitch Ratings has affirmed Macao-based Tai Fung Bank's and Industrial and Commercial Bank of China Limited's Long-Term Issuer Default Ratings at 'BBB+' and 'A' respectively.

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Related Topix: Financial Services, Banking

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