Cases of former Industrial Bank board Chairman Jiang Yunming and former China Merchants Bank President Tian Huiyu may be linked, sources say

Tian Huiyu was removed from his position on Monday, ending his nearly nine-year stint running one of the country’s largest commercial banks

China’s economy expands 4.8% year-on-year in the first quarter. The president of China Merchants Bank is removed from his position

Board votes to reassign Tian Huiyu after nine years at the helm and put Wang Liang, an executive vice president, in charge

Chinese envoy reaffirms the nation's respect for Ukraine’s sovereignty and assures his countrymen of safe evacuation

Subsidiary of lender will try out AI-backed identity verification tool on mainland customers who open Hong Kong-dollar accounts

China’s central bank sends an easing signal. A SPAC backed by a China Merchants Bank subsidiary files for an IPO in Hong Kong

Application is the first under new rules that allow the popular alternative to conventional IPOs

China’s large or midsize listed banks see the quality of their assets decline due in part to the liquidity problems of debt-ridden developers

Tsinghua Unigroup is forced into restructuring under China’s bankruptcy law. The country extends the one-year takeover of nine Tomorrow Holding affiliates. The steel industry is preparing for the nation's carbon neutrality goals

The commercial bank and eight other lenders will participate in research and development of China’s new virtual yuan

As economic ties between Singapore and China deepen, a growing number of Chinese banks, insurers and fintech firms are using the city-state as a jumping-off point to expand further into the region

The tie-up is the latest in a string of investments in the sector by foreign financial institutions

Drama comes to a close with $502 million payment to partner investors

Gao departs from Bank of China’s Hong Kong unit as of Monday, signaling a move that could ease tensions among Minsheng management, shareholders and banking regulators, insiders say

Plus, China unveils 2020 economic policy roadmap, bondholders get haircuts and Samsung to invest more in chip-making in China

Probe may be related to ill-fated, $750 million acquisition that resulted in tangle of lawsuits involving Everbright and China Merchants Bank

China Galaxy Securities gets suspension after missing deadline for ordering shares of Suzhou TZTEK on new tech board