Xiang Junbo News
-
Chinese equities in New York dropped, extending the longest stretch of declines since November. Ctrip.com International Ltd. tumbled on concern plans to offer discounted plane tickets will reduce profit.
-
China’s likely search for a successor to Zhou Xiaochuan as central bank chief is spurring focus on the nation’s banking and securities regulators as the incoming Communist leadership overhauls top government positions.
-
Agricultural Bank of China Ltd. boosted the size of its initial public offering to $22.1 billion after selling more stock in Shanghai, making it the world’s largest first-time share sale.
-
China will broaden the investment scope of insurers and simplify approval procedures to boost the industry’s support to the nation’s economic growth, the insurance regulator said.
-
China’s insurance industry faces greater challenges in 2012 and insurers should seek ways to boost their capital, said Xiang Junbo, chairman of the country’s Insurance Regulatory Commission.
-
JPMorgan Chase & Co. pays Jamie Dimon $1.21 million for every $1 billion of profit at the biggest U.S. bank. Industrial & Commercial Bank of China Ltd., the world’s most profitable, gives its top executive $9,400.
-
Shang Fulin was appointed chairman and communist party secretary of China Banking Regulatory Commission, the state news agency Xinhua said, citing unnamed spokesperson from the government’s Orgnization Department. Guo Shuqing was named chairman and communist party secretary of China Securities Regulatory Commission. Xiang Junbo has been appointed chairman of China Insurance Regulatory Commission.
-
China moved its securities regulator Shang Fulin to head the nation’s banking watchdog, overseeing a 106 trillion-yuan ($17 trillion) industry that includes four of the world’s 10 largest lenders by market value.
-
Agricultural Bank of China Ltd. Chairman Xiang Junbo and China Construction Bank Corp. Chairman Guo Shuqing resigned amid speculation that the government plans to appoint new financial regulators.
-
Agricultural Bank of China Ltd. is raising at least $19.2 billion in what may become the world’s biggest initial public offering, according to two people with knowledge of the pricing and a company filing in Shanghai.
|
|
Most Popular on Bloomberg
|
| |