• 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
  • 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
  • Alibaba launches online-only private bank

    MYbank, one of China's first five pilot private banks, was launched on Thursday in Hangzhou. The online-only bank, backed by e-commerce giant Alibaba, is based on small value savings and loans. 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: 25 Jun 2015
  • 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
  • JPM’s U.S. Private Bank CEO: I never intended to be a banker

    Kelly Coffey always knew she wanted to run a business, but working that into a career at the No. 1 U.S. bank by assets wasn’t ever on her radar.

    published: 25 Feb 2016
  • 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
  • 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
  • UBS Wealth Management - Best global private bank - Global Private Private Banking Awards 2014

    At this year's Global Private Banking Awards ceremony in Geneva, Kathy Shih, head of Wealth Management Asia Pacific at UBS talks to Yuri Bender about the bank's growth strategy, managing costs and its multi-centre approach in Asia in 2014.

    published: 01 Dec 2014
  • Private Banks Boost Art Advisory

    The likes of U.S. Trust and Citi Private Bank are beefing up their art units. J.P. Morgan Private Bank Wealth Adviser Alex Popovich Explains Why. Subscribe to the WSJ channel here: http://bit.ly/14Q81Xy More from the Wall Street Journal: Visit WSJ.com: http://www.wsj.com Follow WSJ on Facebook: http://www.facebook.com/wsjvideo Follow WSJ on Google+: https://plus.google.com/+wsj/posts Follow WSJ on Twitter: https://twitter.com/WSJvideo Follow WSJ on Instagram: http://instagram.com/wsj Follow WSJ on Pinterest: http://www.pinterest.com/wsj/

    published: 24 Jun 2016
  • 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
  • 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
  • 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
  • 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
  • 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
  • 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
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
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
Alibaba launches online-only private bank

Alibaba launches online-only private bank

  • Order:
  • Duration: 2:22
  • Updated: 25 Jun 2015
  • views: 367
videos
MYbank, one of China's first five pilot private banks, was launched on Thursday in Hangzhou. The online-only bank, backed by e-commerce giant Alibaba, is based on small value savings and loans. 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/Alibaba_Launches_Online_Only_Private_Bank
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
JPM’s U.S. Private Bank CEO: I never intended to be a banker

JPM’s U.S. Private Bank CEO: I never intended to be a banker

  • Order:
  • Duration: 5:56
  • Updated: 25 Feb 2016
  • views: 441
videos
Kelly Coffey always knew she wanted to run a business, but working that into a career at the No. 1 U.S. bank by assets wasn’t ever on her radar.
https://wn.com/Jpm’S_U.S._Private_Bank_Ceo_I_Never_Intended_To_Be_A_Banker
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
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
UBS Wealth Management - Best global private bank - Global Private Private Banking Awards 2014

UBS Wealth Management - Best global private bank - Global Private Private Banking Awards 2014

  • Order:
  • Duration: 4:15
  • Updated: 01 Dec 2014
  • views: 1493
videos
At this year's Global Private Banking Awards ceremony in Geneva, Kathy Shih, head of Wealth Management Asia Pacific at UBS talks to Yuri Bender about the bank's growth strategy, managing costs and its multi-centre approach in Asia in 2014.
https://wn.com/Ubs_Wealth_Management_Best_Global_Private_Bank_Global_Private_Private_Banking_Awards_2014
Private Banks Boost Art Advisory

Private Banks Boost Art Advisory

  • Order:
  • Duration: 2:45
  • Updated: 24 Jun 2016
  • views: 567
videos
The likes of U.S. Trust and Citi Private Bank are beefing up their art units. J.P. Morgan Private Bank Wealth Adviser Alex Popovich Explains Why. Subscribe to the WSJ channel here: http://bit.ly/14Q81Xy More from the Wall Street Journal: Visit WSJ.com: http://www.wsj.com Follow WSJ on Facebook: http://www.facebook.com/wsjvideo Follow WSJ on Google+: https://plus.google.com/+wsj/posts Follow WSJ on Twitter: https://twitter.com/WSJvideo Follow WSJ on Instagram: http://instagram.com/wsj Follow WSJ on Pinterest: http://www.pinterest.com/wsj/
https://wn.com/Private_Banks_Boost_Art_Advisory
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
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
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
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
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
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
×