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Citigroup's China expansion held up by US regulators
Citigroup's China expansion held up by US regulators, Bloomberg News reports
Citigroup’s expansion plan in China has hit a roadblock with U.S. regulators after the Federal Reserve imposed a penalty on the bank for its data management and risk controls, Bloomberg News reported on Sunday.
Citigroup’s China Expansion Plan Delayed by US Regulators
Citigroup Inc.’s expansion plan in China has hit a roadblock with US regulators after the Federal Reserve imposed a penalty on the bank for its data management and risk controls, according to people familiar with the matter.
Citigroup's expansion in China said to hit roadblock with U.S. regulators
Citigroup's (NYSE:C) expansion plan in China involving setting up a standalone securities firm is facing delays due to a regulatory roadblock in the U.S., Bloomberg reported, citing people familiar with the matter.
6h
Expansion of Wealth Connect scheme gets Chinese funds flowing
Southbound’ investors were initially attracted to deposits but may diversify as interest rates — and restrictions — fall ...
China Briefing
1d
China’s August 2024 Economy: Record Export Growth Amid Domestic Challenges
China's economy in August 2024 saw an uptick in export trade, while industrial output slowed except in high-tech and ...
France 24
10h
China cuts another key interest rate to boost economy
China's central bank on Wednesday said it would slash another key interest rate, a day after it unveiled a raft of new ...
中国日报网
6h
China expands equity investment pilot for asset managers
Since 2020, financial asset management companies established by major commercial banks have been conducting equity investment ...
2d
on MSN
Citigroup's China expansion plan put on hold by US regulators, Bloomberg News reports
Citigroup’s expansion plan in China has hit a roadblock with U.S. regulators after the Federal Reserve imposed a penalty on ...
7d
Zegna CEO Still Betting on China Despite Uncertain Growth
Ermenegildo Zegna, the Italian fashion house listed in New York, is sticking with its expansion plans for China over the ...
1d
China Condemns Israeli Airstrikes as Middle East War Widens
China reiterated its support for Lebanon's sovereignty, without mentioning Hezbollah's rocket attacks into northern Israel.
Electrek
1d
BYD prepares to unleash its second 7,000-car carrier to fuel its global EV expansion
The 7,000-vehicle vessel, “BYD Hefei,” is the second car carrier the company has revealed. BYD introduced its first, ...
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