Zhang Jinliang will succeed Wang Jiang, who left in early March to head state-owned financial conglomerate China Everbright Group

Li Guohua is being investigated for suspected wrongdoings during his time at state-owned Postal Savings Bank of China, where he served as chairman, Caixin has learned

Youhui Wanjia Bank with initial investment of $765 million will be China’s third independently operated internet-only bank

Massive borrowing by ICBC, China Guangfa, Bank of Communications and Postal Savings Bank would shore up balance sheets weakened by pandemic pressures

Plus, U.S. trade with China declines again, Chinese investment in U.S. commercial real estate plunges, and China-backed DNA testing company suspends U.S. business

Operator of 40,000 branches across China is last of top 6 state-owned banks to do so, but new operation may employ three times as many people

Guo’s imminent appointment as president follows arrival of another veteran banker as chairman in May

China’s fifth-largest bank by assets should separate itself from its parent in terms of strategy, personnel and operations

Banks are reporting strong gains in personal loans, but retail sales growth is slowing

Zhang, filling vacant post at banking giant in wake of scandals, brings long experience in risk management and compliance

Securities regulatory agency blocks private placement, raising concern of tightened scrutiny of banks’ capital-raising

Fines are piling up for one of China’s biggest lenders as regulator exposes yet another fraud

China's largest retail bank by branches plans to sell 6% stake in Shanghai to replenish capital after going public less than a year ago