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PWC: China-funded peer competition is the biggest challenge for foreign banks

In the afternoon of May 7, according to foreign media reports, PwC's latest annual survey of foreign banks shows that competition from Chinese banks has become the most difficult part of foreign bank executives ' operations in China.  While foreign companies have long argued that the regulatory environment and personnel issues are the hardest part of operating in China, a new emerging factor is now the single biggest obstacle to success in China: competition from Chinese banks. PwC interviewed the chief executive, senior executives and branch managers of 42 foreign banks in China during its fifth annual survey of foreign banks in China. On this basis, it lists in China ...

Second suite is determined that the family will prevail

According to the Xinhua news agency, China Banking Regulatory Commission, a director of bank supervision Yang Jiacai recently said that the second set of housing standards to the number of houses, family (including borrowers, spouses and minor children) as a unit.  Reporter 22nd In the interview learned that "to room, family unit" may be the introduction of the two suite of standards related to the basic principles of the relevant provisions. At present, by the Ministry of Housing and Urban and rural construction with the People's Bank, the CBRC's two suite of standards for the formulation is still in progress.  The CBRC also said yesterday that the standard needed to be formally written and that banks had not yet been formally forced to do so. ...

CBRC to regulate second-hand property market to control the return of banks in disguise

After the bank to the real estate intermediary's "return point" was stopped, the present market has also appeared a disguised return behavior: some intermediary company and the guarantee company cooperates, through the guarantee intervention obtains the bank to pay the guarantee expense, then by the intermediary company and the guarantee company divides into.  The reporter was informed that the CBRC has issued a note to prevent such behavior. Reporter yesterday from the banking sector learned that, in order to stop the bank to the real estate intermediary "return point", the CBRC in early this month to the banks and regulatory agencies issued internal red notice, emphasizing the prevention of "guarantee fees" in the name disguised as intermediary back point. China Banking Association ...

Interpreting large data

Gartner recently released a large data analysis report. The report shows that while the Asia-Pacific region is lagging behind the United States, it will soon overtake the US in the next two years from the growth momentum of companies in the Asia-Pacific region.   The global media and communications industry, as well as banking and finance, are at the forefront of big data investments, the report said, and the results are most evident in Australia. According to the report, the Federal Bank of Australia and some retailers have become one of the forerunners of the current big data. But in our country, the electric merchant as well as the aviation ...

Nine pictures to understand the Internet financial model

Absrtact: Internet finance, the most popular topic in the last two years, as a new concept, there is no authoritative definition. Professor Xie, the first author of the concept, said in the study of internet finance Model: In this financial model, Internet finance, the most popular topic in the last year or two, as a new concept, there is no authoritative definition. Professor Xie, the first author of this concept, in the "Internet Financial Model Research" mentioned: "In this financial model, payment is convenient, market information asymmetry is very low;

The threshold of private banks ' screening

Absrtact: In history, Wuhan was one of the four major financial towns in China, the Oriental Chicago said, the financial industry has experienced the once brilliant-scenery still-status passed-look forward to the rise of the historical track. In recent years, Wuhan in the financial aspect of active catch-up, the central leading edge in the history, Wuhan was one of China's four major financial centers, there are "Oriental Chicago," said the financial industry experienced "once brilliant-landscape still-status passed-look forward to the rise" of the historical track. In recent years, Wuhan has been actively pursuing the financial aspect, and the central leading edge is becoming more and more obvious. Last year 7 ...

The touch treasure wants to let the app touch the treasure number assistant become sexy up--go to O2O

Absrtact: In the vertical o2o have more sound when, many companies want to do O2O entrance or platform, some map out, some is the public number light application to Taiwan, and there is the platform of course more than giants. and Touch Treasure CEO Wang Jialiang Michael's a detailed chat on the vertical o2o have more sound, many companies want to do O2O entrance or platform, and some map out, some are the public number light application to Taiwan, and there is a platform of course more than giants. After a detailed chat with the CEO of Wang Jialiang Michael.

Future Bank vision: Vanishing Outlets

Absrtact: Internet finance and financial Internet, these two concepts originate from Ma Yun, June 21, 2013 He in the media published an article said: "The future of finance there are two big opportunities, one is the financial Internet, the financial industry to the Internet; the second is internet finance, pure external Internet finance and financial Internet, two concepts from MA , June 21, 2013, he published in the media, said: "The future of finance there are two major opportunities, one is the financial Internet, the financial industry to the Internet; the second is internet finance, pure layman leadership, in fact, many industries ...

China Mobile UnionPay announces outcome of talks on open platform

The future to go out without wallet, as long as the mobile phone can take the bus, take the subway, go to the shopping malls or convenience stores, and even the phone can easily touch the transfer of money between friends. Such scenes of life may soon become reality at home. On June 9, Chinese UnionPay and China Mobile announced the results of the two sides ' cooperation after a year of negotiations. The two sides jointly launched an open platform, banks, merchants are free access to the platform, users through mobile "mobile wallet" business, can be in many places to brush mobile phone payments. In fact, for mobile phone payment convenience ...

Investment bank boss status was shaken

Recently the market came CICC to be listed in Hong Kong news, suddenly caused a hot debate. As an aristocratic investment bank that has long been famous, CICC used to be the head of an investment bank for many years. However, there are indications that the company has come down from the altar and its already prudent trump card investment banking business has eclipsed. The status of an investment bank boss has been shaken CICC's full name is China International Capital Corporation Limited. It is not hard to guess from the name that when it was established, its scope of business should not be limited to the domestic market, while CICC So there is such a full confidence, because ...

E-commerce, logistics and traditional banking institutions to weave a large supply chain finance network

Reporter Zhu Zhichao Shenzhen reported that electricity suppliers, logistics and traditional banking institutions are jointly quietly weaving a large supply chain finance network. The latest reporter learned that Ping An Bank on July 9 officially launched the "orange e" platform, its basic position is "build an integrated supply chain online service platform." It is reported that the bank has now with Haier, Orient Electronic Payment, Victoria Sky, Kingdee Software and other 12 business groups formed a strategic partner. Coincidentally, China Merchants Bank announced in Beijing at the end of June for "e-commerce and logistics industry online supply chain financial solutions", including warehousing and logistics, courier companies, ...

Wenzhou Commercial Bank "head" guess

On July 28, Huafeng Spandex (002064.SZ) announced that it was informed on July 25 that "China Banking Regulatory Commission (CBRC) has approved the establishment of Wenzhou BOC Bank Co., Ltd." (the "Reply" ), As of the time of the announcement, have not yet received the relevant official approval. With the approval of private banks news, Huafon Spandex ushered in the two trading days soared. July 25 This information is published on the website of the China Banking Regulatory Commission. Two o'clock in the afternoon, the stock price has been raised from 8.88 yuan to the limit. July 28, Huafeng Spandex opened low, 10 yuan opened up to 1 ...

New York bitcoin regulatory proposals frighten entrepreneurs

According to foreign media reports, the State of New York announced a few days ago the regulation of bitcoin and other virtual currencies, the analysis said that at first glance, those provisions seem to be for the 19th century banking industry to develop, rather than against the rapidly changing virtual currency industry. The proposal states that companies that want to do business in New York State, buy, sell, store or redeem virtual currency must apply for a permit. Benjamin Lawsky, who is in charge of making those rules, needs to be fine-tuned. After all, Bitcoin was developed as a tool for engaging in illegal activities. Now, the new one ...

China's annual "dishonesty" loss of 600 billion

Every reporter Wang Xinyi Wan Min was sent from Beijing. "At present, China's annual economic fraud amount to over 600 billion yuan due to a large number of dishonesty issues such as commercial fraud, fake sales and fake tax evasion, academic misconduct, and food safety incidents. Yesterday (July 9), Tian Jinchen, director of the Finance and Financial Department of the National Development and Reform Commission, told the Daily Economic News reporter at a press conference on "accelerating the construction of a social credit system" jointly held by NDRC and the Central Bank. According to Tian Jinchen disclosed that at present, the integration of credit information platform credit China website has completed the domain name application, is studying the formation. ...

"Baby Corps" cooling Internet banking cross-border cooperation was on the rise

Internet "Baby Corps" after a year of great heat, is currently cooling, and around P2P and big data, Internet finance cross-border innovation is endless. According to the information disclosed by Celestica Fund, as of June 30, 2014, the scale of Yu Bao is 574.16 billion yuan, while the scale of the first quarter of this year was 541.275 billion yuan, up only 6% in the second quarter. In contrast, the cross-border cooperation in Internet finance has been increasing recently. Such as the GF Department of P2P platform in which investment network, 91 financial and Haitong Securities introduced asset securitization products. There is news that Baidu ...

Love Recycling Network for you to find the elimination of electronic products new places

Nowadays, electronic products change with each passing day, the people who pursue the trend are always changing their electronic products, the question then is how to deal with the already obsolete electronic products, most people may be thrown away or sold to the second-hand market, and now you have eliminated the electronic products may have a new place. In April 2011, two entrepreneurs from Shanghai, Sun Wenjun and Chen She, started a website that specializes in buying second-hand electronic products. Two founders of the "Love Recycling" network model described as "C2B mode of electrical business." Specifically, consumers only need to ...

Gulf states to step up protection of financial information to prevent bank card fraud in network transactions

C114 http://www.aliyun.com/zixun/aggregation/17197.html "> Beijing time March 12 noon News (all the way) according to the Ministry of Commerce website News, the Gulf states recently increased efforts to protect financial information,   Prevent bank card fraud in network transactions. It is reported that the Gulf Banking network Working group regularly understand each of the Gulf National Bank trading policy to prevent fraud cases, while regularly update the bank transaction information security system, and through the Web site to announce the sea ...

China's first dedicated female Internet Financial loan service project launched

The World Bank Group member Institutions International Finance Corporation (IFC), Ant Financial Services Group (ANT) and Goldman Sachs "women's Dream" million female entrepreneurship program launched China's first dedicated female Internet financial loan service project. It is understood that this service is part of a strategic partnership to help small micro-enterprises and female entrepreneurs improve their financing problems through Internet credit. IFC will be through the "Goldman Sachs" women's dream of "-IFC Female entrepreneur Financing tool" to ant gold clothing under the ant micro-loan to provide 500 million yuan of credit funds dedicated to female enterprises ...

Jakpankawski: Pioneering China

He spent 15 years in China to create a business miracle, he not only in China to create his own company---the Asia-Tech Co., Ltd., but also make the company to become the leading enterprises in the Chinese industry. At present, the sales of the sub-division has reached 500 million dollars a year. Isn't that a joke?  A foreigner who does not understand Chinese and has no knowledge of China's customs and traditions, has no relatives or friends in China, not to mention any connections, dares to venture in China? "From Wall Street to the Great Wall, experience like me is really rare," Jack. In an interview with the new era in China, Perkowski said, "When I decide ...

Two typical models of Peer-to-peer industry credit loan vs Mortgage Loan

Hao, vice president of the background of the event, said September 15, the total amount of corporate finance this year will exceed 1 billion yuan. Early in the same month, the establishment of less than two months of the current credit network appeared investors can not be mentioned. Whether Internet lending is worth investing, and what kind of model is less risky has become a topic of concern for investors. In recent years, peer-to-peer as the Internet financial Innovation model, access to explosive growth. Peer-to-peer extends the scope of traditional private lending to meet the needs of enterprises and individuals for capital, more conducive to small micro-enterprises and individuals equal and free access to financial services. According to China Electronic Commerce Research Center special researcher, Zhejiang University Management ...

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