• Ask China: Private banking - A more dynamic economy

    In what has been called one of the biggest reforms in China’s banking sector for decades, the CBRC approved five private-owned banks last year, including one funded by e-commerce giant Alibaba and another by Internet giant Tencent.   The banking regulator said private banks will facilitate small businesses and help develop the rural economy. They will bring greater dynamism to the banking industry, sharing a level playing field with state-owned banks. Subscribe to us on Youtube: https://www.youtube.com/user/CCTVNEWSbeijing Download for IOS: https://itunes.apple.com/us/app/cctvnews-app/id922456579?l=zh&ls=1&mt=8 Download for Android: https://play.google.com/store/apps/details?id=com.imib.cctv Follow us on: Facebook: https://www.facebook.com/cctvnewschina Twitter: https://twitter.com/...

    published: 15 Mar 2016
  • China approves 2 new private banks

    China has approved the establishment of two new privately owned banks, taking the total number to 5. The new banks will be set up in Shanghai Municipality and Zhejiang Province. The move is being seen as a big step forward for the country’s prosperous banking sector, which is undergoing major transformations.

    published: 29 Sep 2014
  • Analysts: China's private bank development benefits whole society

    The China Banking Regulatory Commission issued a directive on boosting the development of private banks, officially giving green light to the registration and operation of private banks. Analysts say more private banks can better serve cash-strapped small firms in China.

    published: 06 Jul 2015
  • The right talent for the private banking sector in China

    Learn more at PwC.com - http://pwc.to/VEzdV6 Bhishan Sethi, PwC US Financial Services People and Change Leader, and Susan Hothersall, PwC US Financial Services Manager, discuss finding, developing, and retaining the right talent for the banking sector in China.

    published: 25 Jan 2013
  • Bank regulator approves three private banks in China

    China’s banking regulator has approved the establishment of three private banks. The first bank will be Webank by Internet giant Tencent. A second new bank will be in the eastern city of Wenzhou, cofounded by Chint Group and Huafon Group. And a third bank, will be in Tianjin, with Huabei Group and Maigou Group as co-founders.

    published: 26 Jul 2014
  • The Hell Bank Corp.

    The Hell Banking Corporation (Also known as the Federal Reserve) Chinese know what everyone should know by now. Fiat currency from private banks lent out at interest lead only to poverty for the masses. How's the Fed's taper working? Remember the results of TARP, TWIST, QE1, 2, 3, 4, infinity and so on? Bad ideas? They have created a debt monster that cannot possibly be paid by John Q. Taxpayer. Get out of fiat before it's too late..

    published: 25 Sep 2013
  • Chinese Central Bank Completes Trial Run on Digital Currency System

    http://inteldinarchronicles.blogspot.com/2017/01/chinese-central-bank-completes-trial.html The People’s Bank of China (PBOC) has completed a successful trial run of a digital bank acceptance exchange, moving it closer to becoming the first central bank in the world to research and test its own digital currency, according to media agency Caixin. Citing sources from the PBOC, Caixin says the central bank on Dec. 15 completed the trial in transactions and settlements of bank acceptance bills using a digital currency it developed. The tests were run with the participation of several commercial banks, including the Industrial and Commercial Bank of China, Bank of China and the private WeBank, the sources said. Taking the next steps, the Bank plans to set up a digital currency research instit...

    published: 26 Jan 2017
  • 10 Largest Banks In The World

    10 largest banks in the world. This list contains ten of the biggest and richest banks from around the world | planet earth. Do you know more large banks with huge amounts of money? Let us know in the comments... 10. Crédit Agricole Group, France 9. Bank of America, US 8. Mitsubishi UFJ Financial, Japan 7. BNP Paribas, France 6. JPMorgan Chase, US 5. HSBC Holdings, UK 4. Bank of China, China 3. Agricultural Bank of China, China 2. China Construction Bank, China 1. ICBC, China Second Channel: https://www.youtube.com/user/Listing10 Listing 10 - Top 10 compilations: http://www.facebook.com/10Listing Top 10 Lists. On our top 10 channel we bring you top lists on various topics - top tens all time. The most shocking, weird, scary, funny, fascinating, interesting and amazing facts in the wor...

    published: 03 Apr 2016
  • China’s first private bank open for business

    The first private bank on the Chinese mainland is now officially open for business in the eastern coastal city of Wenzhou. The Wenzhou Minshang Bank is one of China’s first 5 pilot private banks in late 2014, and the first of five to officially start operations after obtaining approval. Subscribe us on Youtube: https://www.youtube.com/user/CCTVNEWSbeijing Download for IOS: https://itunes.apple.com/us/app/cctvnews-app/id922456579?l=zh&ls=1&mt=8 Download for Android: https://play.google.com/store/apps/details?id=com.imib.cctv Follow us on: Facebook: https://www.facebook.com/cctvnewschina Twitter: https://twitter.com/CCTVNEWS Google+: https://plus.google.com/+CCTVNEWSbeijing Tumblr: http://cctvnews.tumblr.com/ Weibo: http://weibo.com/cctvnewsbeijing

    published: 28 Mar 2015
  • Private Banking

    What are the requirements to open a private bank account? Rene Philippe, Offshore Premium. You can view this video and the full video archive on the Dukascopy.TV page: http://www.dukascopy.com/tv/en/#135115

    published: 25 Aug 2014
  • New Chinese World Bank Smells US Blood

    China has announced that they will be creating their own world bank to compete with the existing US dominated world bank and the Asia Development Bank dominated by Japan. It's being called the Asian Infrastructure Investment Bank. The bank is planned to begin with $100 in capital. Source: China plans investment bank to break World Bank dominance, Russia Today http://rt.com/business/168620-china-world-bank-own/ Gross Sees Subdued Asset Price Growth as Credit Expansion Slows, Bloomberg http://www.bloomberg.com/news/2014-02-05/gross-sees-subdued-asset-price-growth-as-credit-expansion-slows.html China: Massive Credit Bubble Fueled By Shadow Banking And Securitization Could Collapse Banks, Forbes http://www.forbes.com/sites/afontevecchia/2013/06/17/china-massive-credit-bubbled-fueled-by-sha...

    published: 08 Jul 2014
  • Financial Expert: No Optimism In China's Private Bank Pilot Plan

    Follow us on TWITTER: http://twitter.com/cnforbiddennews Like us on FACEBOOK: http://www.facebook.com/chinaforbiddennews China wants banks to tap private capital. The regime has approved a pilot plan to set up three to five private banks. So far, the draft rules for these private banks have not been issued. Experts worry that the current policy and system have not improved and there are many risks to opening private banks. Can the so-called "private bank" operate independently? The pilot plan is likely a black-box operation. On Jan. 6, 2014, China Banking Regulatory Commission (CBRC) reported that the banking sector will open up in 2014. The pilot banks, formed by private capital, are a self-risk financial institution. The regulator has approved the first pilot plan to set up three to ...

    published: 08 Jan 2014
  • Derek Scissors of AEI discusses private banks in China

    CCTV America interviewed Derek Scissors, resident scholar at the American Enterprise Institute, about banking changes in China.

    published: 03 Feb 2015
  • Shanghai's first private bank starts business

    China's banking reform is being push forward with the first private bank in Shanghai has started business. It's one of the first batch of five private banks that have already been approved to start operation in China.

    published: 24 May 2015
  • China to experiment with private bank

    ပုဂၢလိကဘဏ္မ်ားအား တရုတ္က ဖြင့္ခြင့္ျပဳ ============================== တရုတ္ႏုိင္ငံဟာ ပုဂၢလိကဘဏ္မ်ားစြာ ဖြင့္လွစ္ထူေထာင္ေပး နုိင္ေရးအတြက္ ပုဂၢလိက ကုမၸဏီမ်ားစြာနဲ႔ ပူးေပါင္းေဆာင္ရြက္ဖို႔ အစီအစဥ္တစ္ရပ္ ေရးဆြဲသြားမယ္လို႔ ဘဏ္မန္ေနဂ်ာတစ္ဦးက ယမန္ေန႔က ေျပာဆိုခဲ့

    published: 12 Mar 2014
  • Bank of China : Private Banking Service Launch Event

    To mark the launch of a new private banking service by the Bank of China, an exclusive event was held on the top floor of BOC Tower. Concept Communications helped to build an elegant and memorable experience for all invited guests by partnering with a brand agency in Hong Kong. The event was concluded with an imperssive performance by the world famous Chinese musician Jue Yao which certainly ended the event on a high note. For more succesful event experience, please visit : http://milton-exhibits.com/event-management/

    published: 20 Mar 2014
Ask China: Private banking - A more dynamic economy

Ask China: Private banking - A more dynamic economy

  • Order:
  • Duration: 1:17
  • Updated: 15 Mar 2016
  • views: 84
videos
In what has been called one of the biggest reforms in China’s banking sector for decades, the CBRC approved five private-owned banks last year, including one funded by e-commerce giant Alibaba and another by Internet giant Tencent.   The banking regulator said private banks will facilitate small businesses and help develop the rural economy. They will bring greater dynamism to the banking industry, sharing a level playing field with state-owned banks. Subscribe to us on Youtube: https://www.youtube.com/user/CCTVNEWSbeijing Download for IOS: https://itunes.apple.com/us/app/cctvnews-app/id922456579?l=zh&ls=1&mt=8 Download for Android: https://play.google.com/store/apps/details?id=com.imib.cctv Follow us on: Facebook: https://www.facebook.com/cctvnewschina Twitter: https://twitter.com/CCTVNEWS Google+: https://plus.google.com/+CCTVNEWSbeijing Tumblr: http://cctvnews.tumblr.com/ Weibo: http://weibo.com/cctvnewsbeijing
https://wn.com/Ask_China_Private_Banking_A_More_Dynamic_Economy
China approves 2 new private banks

China approves 2 new private banks

  • Order:
  • Duration: 1:22
  • Updated: 29 Sep 2014
  • views: 222
videos
China has approved the establishment of two new privately owned banks, taking the total number to 5. The new banks will be set up in Shanghai Municipality and Zhejiang Province. The move is being seen as a big step forward for the country’s prosperous banking sector, which is undergoing major transformations.
https://wn.com/China_Approves_2_New_Private_Banks
Analysts: China's private bank development benefits whole society

Analysts: China's private bank development benefits whole society

  • Order:
  • Duration: 1:01
  • Updated: 06 Jul 2015
  • views: 51
videos
The China Banking Regulatory Commission issued a directive on boosting the development of private banks, officially giving green light to the registration and operation of private banks. Analysts say more private banks can better serve cash-strapped small firms in China.
https://wn.com/Analysts_China's_Private_Bank_Development_Benefits_Whole_Society
The right talent for the private banking sector in China

The right talent for the private banking sector in China

  • Order:
  • Duration: 4:02
  • Updated: 25 Jan 2013
  • views: 578
videos
Learn more at PwC.com - http://pwc.to/VEzdV6 Bhishan Sethi, PwC US Financial Services People and Change Leader, and Susan Hothersall, PwC US Financial Services Manager, discuss finding, developing, and retaining the right talent for the banking sector in China.
https://wn.com/The_Right_Talent_For_The_Private_Banking_Sector_In_China
Bank regulator approves three private banks in China

Bank regulator approves three private banks in China

  • Order:
  • Duration: 2:11
  • Updated: 26 Jul 2014
  • views: 290
videos
China’s banking regulator has approved the establishment of three private banks. The first bank will be Webank by Internet giant Tencent. A second new bank will be in the eastern city of Wenzhou, cofounded by Chint Group and Huafon Group. And a third bank, will be in Tianjin, with Huabei Group and Maigou Group as co-founders.
https://wn.com/Bank_Regulator_Approves_Three_Private_Banks_In_China
The Hell Bank Corp.

The Hell Bank Corp.

  • Order:
  • Duration: 0:16
  • Updated: 25 Sep 2013
  • views: 3299
videos
The Hell Banking Corporation (Also known as the Federal Reserve) Chinese know what everyone should know by now. Fiat currency from private banks lent out at interest lead only to poverty for the masses. How's the Fed's taper working? Remember the results of TARP, TWIST, QE1, 2, 3, 4, infinity and so on? Bad ideas? They have created a debt monster that cannot possibly be paid by John Q. Taxpayer. Get out of fiat before it's too late..
https://wn.com/The_Hell_Bank_Corp.
Chinese Central Bank Completes Trial Run on Digital Currency System

Chinese Central Bank Completes Trial Run on Digital Currency System

  • Order:
  • Duration: 2:38
  • Updated: 26 Jan 2017
  • views: 2136
videos
http://inteldinarchronicles.blogspot.com/2017/01/chinese-central-bank-completes-trial.html The People’s Bank of China (PBOC) has completed a successful trial run of a digital bank acceptance exchange, moving it closer to becoming the first central bank in the world to research and test its own digital currency, according to media agency Caixin. Citing sources from the PBOC, Caixin says the central bank on Dec. 15 completed the trial in transactions and settlements of bank acceptance bills using a digital currency it developed. The tests were run with the participation of several commercial banks, including the Industrial and Commercial Bank of China, Bank of China and the private WeBank, the sources said. Taking the next steps, the Bank plans to set up a digital currency research institute, staffed by experts in developing big-data systems, cryptography, and blockchain technology. When the system is ready, the central bank’s pilot digital bank acceptance exchange platform will be connected with the existing Shanghai Commercial Paper Exchange to form a national platform for bank bill transactions, said a person close to the central bank. In previous discussions on the subject, the PBOC has inferred that China's digital money will be legal tender backed by the central government, and will enter circulation alongside traditional paper bills.
https://wn.com/Chinese_Central_Bank_Completes_Trial_Run_On_Digital_Currency_System
10 Largest Banks In The World

10 Largest Banks In The World

  • Order:
  • Duration: 2:05
  • Updated: 03 Apr 2016
  • views: 12712
videos
10 largest banks in the world. This list contains ten of the biggest and richest banks from around the world | planet earth. Do you know more large banks with huge amounts of money? Let us know in the comments... 10. Crédit Agricole Group, France 9. Bank of America, US 8. Mitsubishi UFJ Financial, Japan 7. BNP Paribas, France 6. JPMorgan Chase, US 5. HSBC Holdings, UK 4. Bank of China, China 3. Agricultural Bank of China, China 2. China Construction Bank, China 1. ICBC, China Second Channel: https://www.youtube.com/user/Listing10 Listing 10 - Top 10 compilations: http://www.facebook.com/10Listing Top 10 Lists. On our top 10 channel we bring you top lists on various topics - top tens all time. The most shocking, weird, scary, funny, fascinating, interesting and amazing facts in the world. We appreciate any feedback on our top 10s and we thank you for watching our top 10 videos. Subscribe for more top list videos! Video categories you can find on our youtube channel: animals & nature, crime, geography, history & people, computer & technology, science & education, games, music, myths & conspiracies, comedy & entertainment, sports, movies
https://wn.com/10_Largest_Banks_In_The_World
China’s first private bank open for business

China’s first private bank open for business

  • Order:
  • Duration: 1:46
  • Updated: 28 Mar 2015
  • views: 554
videos
The first private bank on the Chinese mainland is now officially open for business in the eastern coastal city of Wenzhou. The Wenzhou Minshang Bank is one of China’s first 5 pilot private banks in late 2014, and the first of five to officially start operations after obtaining approval. Subscribe us on Youtube: https://www.youtube.com/user/CCTVNEWSbeijing Download for IOS: https://itunes.apple.com/us/app/cctvnews-app/id922456579?l=zh&ls=1&mt=8 Download for Android: https://play.google.com/store/apps/details?id=com.imib.cctv Follow us on: Facebook: https://www.facebook.com/cctvnewschina Twitter: https://twitter.com/CCTVNEWS Google+: https://plus.google.com/+CCTVNEWSbeijing Tumblr: http://cctvnews.tumblr.com/ Weibo: http://weibo.com/cctvnewsbeijing
https://wn.com/China’S_First_Private_Bank_Open_For_Business
Private Banking

Private Banking

  • Order:
  • Duration: 9:12
  • Updated: 25 Aug 2014
  • views: 5870
videos
What are the requirements to open a private bank account? Rene Philippe, Offshore Premium. You can view this video and the full video archive on the Dukascopy.TV page: http://www.dukascopy.com/tv/en/#135115
https://wn.com/Private_Banking
New Chinese World Bank Smells US Blood

New Chinese World Bank Smells US Blood

  • Order:
  • Duration: 9:34
  • Updated: 08 Jul 2014
  • views: 41533
videos
China has announced that they will be creating their own world bank to compete with the existing US dominated world bank and the Asia Development Bank dominated by Japan. It's being called the Asian Infrastructure Investment Bank. The bank is planned to begin with $100 in capital. Source: China plans investment bank to break World Bank dominance, Russia Today http://rt.com/business/168620-china-world-bank-own/ Gross Sees Subdued Asset Price Growth as Credit Expansion Slows, Bloomberg http://www.bloomberg.com/news/2014-02-05/gross-sees-subdued-asset-price-growth-as-credit-expansion-slows.html China: Massive Credit Bubble Fueled By Shadow Banking And Securitization Could Collapse Banks, Forbes http://www.forbes.com/sites/afontevecchia/2013/06/17/china-massive-credit-bubbled-fueled-by-shadow-banking-and-securitization-could-collapse-banks/ Maoist Rebel News book store: http://lulu.com/spotlight/MaoistRebelNews Google+ https://plus.google.com/103373194522859849259/ Add me on Facebook: http://www.fb.com/MaoistRebelNews Follow me on Twitter: http://twitter.com/MaoistRebelNews Read more news at: http://maoistrebelnews.wordpress.com/ Get More Commentary on Tumblr: http://maoistrebelnews.tumblr.com/ These videos are offered under private trust. Downloading constitutes acceptance of private trust terms. All private trust rights reserved.
https://wn.com/New_Chinese_World_Bank_Smells_US_Blood
Financial Expert: No Optimism In China's Private Bank Pilot Plan

Financial Expert: No Optimism In China's Private Bank Pilot Plan

  • Order:
  • Duration: 4:19
  • Updated: 08 Jan 2014
  • views: 188
videos
Follow us on TWITTER: http://twitter.com/cnforbiddennews Like us on FACEBOOK: http://www.facebook.com/chinaforbiddennews China wants banks to tap private capital. The regime has approved a pilot plan to set up three to five private banks. So far, the draft rules for these private banks have not been issued. Experts worry that the current policy and system have not improved and there are many risks to opening private banks. Can the so-called "private bank" operate independently? The pilot plan is likely a black-box operation. On Jan. 6, 2014, China Banking Regulatory Commission (CBRC) reported that the banking sector will open up in 2014. The pilot banks, formed by private capital, are a self-risk financial institution. The regulator has approved the first pilot plan to set up three to five private banks. Former CBRC Chairman Cai E'sheng said that the licenses for the first batch of private banks are expected to be ready before March. Sources say that a handful of online commerce giants including Alibaba, Suning, Tencent and Baidu have submitted applications for licenses. Sheng Hong, deputy director of Beijing Unirule Institute of Economics: "There is nothing to be happy about regarding private banks opening up. They have barely opened one or two and they act like they are doing the public a huge favor. I think there is nothing to be excited about. In a market-oriented economy, people should be allowed to set up in the financial sector." Xie Tian, Business School, University of South Carolina Aiken: "Once the private banks launch, will they be truly independent operations? Can they compete with state-owned banks? This is a big question mark. Under the communist rule and dictatorship, there are risks for private owners to operate with private capital." Guo Tianyong, director of the Research Center of the Chinese Banking Industry at Central University of Finance and Economics told the media that there are three risks for the private banks— operators don't understand the banking industry, Party officials may attempt to make transfers, and anyone who flees with money (a common occurrence in China) when the operation fails will seriously impact society." The CBRC is also planning to widen access for the private sector to the state-assets-dominated banking sector. It wants to guide private capital to participate in the restructuring of the current financial institution. On the other hand, these banks can set up a proper risk management scheme by themselves. Xie Tian: "I am not too optimistic. For private business owners, it may not be a good opportunity. Actually, the regime will not relax the financial sector. Now there is a limited opening, they only approved a few. It is a black-box operation. In a standard country, if anyone wants to set up a private bank and they meet the conditions, they don't need to allow the government to make the decision on how many can be set up." A BBC report said, "China has been looking to open up its tightly-controlled financial sector, to spur a fresh new wave of economic growth." Xie Tian: "Why at this moment does China broaden private capital access to the banking sector? I think it relates to the shortage of money in state-owned banks. They know there is an issue of the shortage of funds, cash flow, liquidity. They intend to use private funds to ease the pressure. Under such a circumstance, we can see that the regime has ulterior motives. They don't really want private capital to grow." Shen Hong: "We don't need to celebrate. They should have done this but they didn't. The state-owned businesses have many debts. The bad debts have lasted for several years, and have reached a bad debt ratio of 30 to 40 percent. They let the taxpayers bear the brunt, isn't it ridiculous?" CBRC's report stated that local governments had a total outstanding debt of 17.9 trillion yuan (US$2.96 trillion) at the end of June 2013, which is more than 2010's 10.7 trillion yuan (US$1.77 trillion). Bloomberg reports that since the financial crisis of 2008, "China has racked up impressive growth in gross domestic product (GDP) by engineering an investment boom, fueled by a surge in easy credit. Total debt has risen sharply, from 125 percent of the GDP in 2008 to 215 percent in 2012."
https://wn.com/Financial_Expert_No_Optimism_In_China's_Private_Bank_Pilot_Plan
Derek Scissors of AEI discusses private banks in China

Derek Scissors of AEI discusses private banks in China

  • Order:
  • Duration: 5:35
  • Updated: 03 Feb 2015
  • views: 127
videos
CCTV America interviewed Derek Scissors, resident scholar at the American Enterprise Institute, about banking changes in China.
https://wn.com/Derek_Scissors_Of_Aei_Discusses_Private_Banks_In_China
Shanghai's first private bank starts business

Shanghai's first private bank starts business

  • Order:
  • Duration: 1:06
  • Updated: 24 May 2015
  • views: 57
videos
China's banking reform is being push forward with the first private bank in Shanghai has started business. It's one of the first batch of five private banks that have already been approved to start operation in China.
https://wn.com/Shanghai's_First_Private_Bank_Starts_Business
China to experiment with private bank

China to experiment with private bank

  • Order:
  • Duration: 1:46
  • Updated: 12 Mar 2014
  • views: 43
videos
ပုဂၢလိကဘဏ္မ်ားအား တရုတ္က ဖြင့္ခြင့္ျပဳ ============================== တရုတ္ႏုိင္ငံဟာ ပုဂၢလိကဘဏ္မ်ားစြာ ဖြင့္လွစ္ထူေထာင္ေပး နုိင္ေရးအတြက္ ပုဂၢလိက ကုမၸဏီမ်ားစြာနဲ႔ ပူးေပါင္းေဆာင္ရြက္ဖို႔ အစီအစဥ္တစ္ရပ္ ေရးဆြဲသြားမယ္လို႔ ဘဏ္မန္ေနဂ်ာတစ္ဦးက ယမန္ေန႔က ေျပာဆိုခဲ့
https://wn.com/China_To_Experiment_With_Private_Bank
Bank of China : Private Banking Service Launch Event

Bank of China : Private Banking Service Launch Event

  • Order:
  • Duration: 5:34
  • Updated: 20 Mar 2014
  • views: 410
videos
To mark the launch of a new private banking service by the Bank of China, an exclusive event was held on the top floor of BOC Tower. Concept Communications helped to build an elegant and memorable experience for all invited guests by partnering with a brand agency in Hong Kong. The event was concluded with an imperssive performance by the world famous Chinese musician Jue Yao which certainly ended the event on a high note. For more succesful event experience, please visit : http://milton-exhibits.com/event-management/
https://wn.com/Bank_Of_China_Private_Banking_Service_Launch_Event
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