Tag: WMPs
Chinese banks’ shadow credit grows in 1H20, as AM regulations are shelved until 2021
Huishang Bank opens doors to WM subsidiary
Noah WM sees Q3 revenue drop YoY amid product restructuring
CEB receives go-ahead to establish WM subsidiary
Chinese regulator approves ICBC’s application to set up WM subsidiary
Chinese regulator fines six banks for WMP-related breaches
China regulator launches new rules for banks’ WM subsidiaries
Chinese wealth and asset management retrospective: A new era
China banking regulator seeks to remove uncertainty with follow-up WMP rules
Wen-era think-tanker warns WMP rules may trigger new crisis
Minsheng board passes motion to set up AM subsidiary
Everbright Bank launches ‘industry’s first’ compliant WMP
CMB to excise RMB 800bn of WMP AUM in drastic surgery to meet new regulatory rules
What China’s banks most want to know: how to build a NAV-based product shelf
Uncertainty about AM subsidiaries hangs over Chinese banks’ WM future
China’s WMP reforms put banks’ investment advisory skills in the spotlight
CCB rethinks state banks’ roles under new AM rules
Bank of Nanjing joins banking industry AM subsidiaries wave
BoCom first among state banks to set up AM subsidiary with RMB 8b of capital
WMP contraction to spur PBs’ distribution model: Pufa
Value of wealth products distributed by Jupai slumps under new regulations
Trillions of yuan flow into structured deposits under WMP ban
More China banks set up independent AM subsidiaries to retain WMP business
PBOC asks banks to set up AM subsidiaries to take over WMP portfolios by end-2020
Minsheng transforms PB business as WMPs slump
Foreign asset managers to benefit from decline in China’s WMPs
ICBC seeks compliant destinations to reallocate WMP assets
ICBC Private Bank resets strategy focus ahead of WMP ban
Economist behind China’s five-year plan talks systemic risks in WMP disposal
Jupai’s Ni: breaking bank guarantees, WMP dominance is ‘good news’ for China’s wealth industry
China’s banks offer yield boost for national Goddess Festival
Markets await Chinese banks’ strategy response, financial impact from WMP issue
CBRC vows smooth transition in new wealth management regulations
China PBs hitting strategy reset as WMP curbs bite into revenues
Chinese banks’ RMB 29 trn WMP market under “tremendous pressure”
Chinese WMs say structured products the top product priority offshore
Nine days that reshaped China’s investment scene in 2017: Part 2
Are China’s WMP curbs a segue for WM maturity?
CBRC publishes provisional regulations covering the WMP sales process
China’s Jupai Holdings grows AUM by 86% YoY in second quarter, eyes offshore expansion
Moody’s upgrades China’s banking system as government curbs shadow banking
Chinese banks told to lower returns on wealth management products
Slower wealth management product growth seen in China amid tighter regulations
Chinese investors targeted WMPs during non-trading CNY holiday
Listed Chinese companies pour US$110 billion into wealth products