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

17 hrs ago | Real Clear Politics

China on the Edge

There is something very wrong in China at the moment. China, I believe, has just passed an inflection point.

Comment?

Related Topix: Financial Services, Banking

Yesterday | The New Zealand Herald

China Business: Fran O'Sullivan: A political hot potato...

Prime Minister John Key has gone out of his way to steer Chinese investors away from farmland.

Comment?

Related Topix: Xi Jinping, Financial Services, Banking

Tue Apr 15, 2014

The Washington Post

Chinese Police Confront Trust Investors Demanding Repayment

Chinese investors demanding their money back from a troubled 973 million-yuan high- yield product in Shanxi province were confronted by police in front of a China Construction Bank Corp. branch.

Comment?

Related Topix: World News, China, Asia, CCB, Country, Home Buying, Home, Banking, Financial Services, Business News

Sun Apr 13, 2014

People's Daily Online

China salary insight: finance workers enjoy higher pay

A teller counts bank notes at one of Industrial and Commercial Bank of China Ltd's branches in Huaibei, Anhui province.

Comment?

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

Fri Apr 11, 2014

Cape Gazette

Claire Snyder-Hall attends Seaside Jewish Community fundraiser

Claire Snyder-Hall, a candidate for the Delaware Senate 6th District seat, attended a Bingos and Brownies event at the Independence Community in Millsboro March 29. The event raised money for Seaside Jewish Community, Sussex County's only synagogue.

Comment?

Related Topix: Financial Services, Banking, Sussex County, DE

Thu Apr 10, 2014

South China Morning Post

Through train for stocks scrapped

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, Financial Markets, Banking, Financial Services

Wed Apr 09, 2014

PR-inside.com

"Industrial and Commercial Bank of China (Thai) Public Company...

The profile will give you a clear and an unbiased view of the company's key strengths and weaknesses and the potential opportunities and threats.

Comment?

Related Topix: Financial Services, Banking

Tue Apr 08, 2014

Reuters

Fitch Rates ICBC (Thai) Leasing's Debenture Programme 'F1+(tha)'

BANGKOK/HONG KONG, April 08 Fitch Ratings Limited has assigned ICBC Leasing Company Limited's /Stable) unsecured unsubordinated short-term debenture programme of up to THB20bn a National Short-Term Rating of 'F1+ '.

Comment?

Related Topix: Financial Services, Banking

The Standard

Banks seek yuan ahead of daily cap lift

Local banks are offering higher yuan deposit rates aggressively to broaden their customer base and to test their appetite in preparation for the lifting of the 20,000 yuan daily conversion cap, according to DBS Hong Kong.

Comment?

Related Topix: Financial Services, Banking

Wed Apr 02, 2014

Reuters

Market Chatter- Corporate finance press digest

* China Petroleum & Chemical Corp , Asia's biggest oil refiner, has picked Goldman Sachs Group Inc to help sell a stake in its retail assets, Bloomberg reported, citing people with knowledge of the matter.

Comment?

Related Topix: China Petroleum and Chemical, Oil & Gas, Energy, Goldman Sachs, Financial Services, Investment Services, Banking

Reuters

China's ICBC considers bid for Unicredit's Pioneer fund arm-source

Industrial and Commercial Bank of China Ltd is considering a bid for Pioneer Investments, one of Europe's biggest money managers, according to a person familiar with the matter.

Comment?

Related Topix: Financial Services, Banking

Tue Apr 01, 2014

Forbes.com

For Some, China In 'No Win' Situation

There's good news and bad news on China's credit markets. It all depends on who you talk to, and what they focus on.

Comment?

Related Topix: Banking, Financial Services, Business News

Seeking Alpha

Clash Of The Titans: ICBC Vs. Wells Fargo, JPMorgan Chase, And Bank Of America

ICBC is trading at a significant discount to its global peers. Onshore A-shares are trading at 0.95x P/B.

Comment?

Related Topix: Wells Fargo , Banking, JP Morgan Chase , Bank of America, Financial Services

Mon Mar 31, 2014

Barron's

China's Banks See Rising Loan Writeoffs Amid Slowing Growth: WSJ

The five largest state-owned banks in China ratcheted up their campaign of writing off bad loans on their books in 2013, another sign of increasing debt risks as that nation's economy continues to cool.

Comment?

Related Topix: Banking, Financial Services

Sun Mar 30, 2014

The Standard

Major European fund manager in ICBC's sights

The Industrial & Commercial Bank of China is ready to outlay 2 billion euros for Pioneer Investments, one of Europe's biggest fund managers.

Comment?

Related Topix: Financial Services, Banking

Fri Mar 28, 2014

Hispanic Business

Industrial and Commercial Bank of China Announces 2013 Results

In accordance with the International Financial Reporting Standards, ICBC posted net profit of over the same period last year.

Comment?

Related Topix: Financial Services, Banking

Bloomberg

China Rises as H-Shares Head for Best Week Since November

Chinese shares rose, with a gauge of mainland stocks traded in Hong Kong headed for its biggest weekly gain since November, as higher profits at automakers and banks eased concern earnings growth is slowing.

Comment?

Related Topix: Financial Markets, Automakers, Brilliance China Automotive Holdings, Banking, Financial Services, Tencent, 9, World News, China

Thu Mar 27, 2014

Reuters

RPT-China banks' resilience surprises amid slowing economy, loan defaults

China's biggest banks showed milder-than-expected signs of financial stress from loan defaults and shrinking profit margins, cheering investors even as the lenders this week posted their slowest profit growth since they became listed.

Comment?

Related Topix: Financial Services, Banking, Financial Markets

Minyanville

The S&P 500 Ends a Volatile Session Near Unchanged

Asian markets were mostly higher overnight: China sold off modestly and Japan rallied.

Comment?

Related Topix: Financial Markets, Telecom, Zong, China Mobile Hong Kong, Tencent, Banking, Financial Services

The Washington Post

ICBC Profit Rises Amid Lower-Than-Estimated Bad-Debt Charges

Industrial & Commercial Bank of China Ltd., the world's most profitable lender, posted an 8 percent increase in quarterly earnings as lower-than-estimated provisions for bad debt offset slowing loan growth.

Comment?

Related Topix: Financial Services, Banking, Business News

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