Market Watch (Free subscription) | yesterday
... Bank of China said in a weekend statement, without specifying a timeline for implementation. The PBOC statement on Saturday said the clearinghouse will help raise transparency in the interbank market, better guard against systemic risk and make for a more stable financial system. The new body will collect collateral from each party involved in a trade, a set-up that will see the clearinghouse...
SeekingAlpha.com (Free subscription) | 26/11/2009
... A refusal to raise capital levels would have been very imprudent, and it is pretty clear that the PBoC and the CBRC are already worried about the impacts of the credit expansion on the banking system. Complete Story »
China Financial Markets (Free subscription) | 26/11/2009
... A refusal to raise capital levels would have been very imprudent, and it is pretty clear that the PBoC and the CBRC are already worried about the impacts of the credit expansion on the banking system. Raising capital by selling equity is one way for banks to protect themselves from the consequences of bad lending, but I have been arguing for a long time that the main way banks have been...
Daily News Analysis (Free subscription) | 25/11/2009
That sentiment reflected the observations of the central bank, the People's Bank of China (PBoC), in its report on monetary policy implementation, released earlier this month. The PBoC report, which had for the first time moved away from terminology that spoke of "stability" of the RMB, was widely seen as a signal of likely appreciation of the currency, which, critics say, is grossly...
