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...The lenders, which have so far refused to extend the loan without an injection of fresh equity from Thames Water’s owners, are Chinese state-owned Bank of China and Industrial and Commercial Bank of China...
...China International Capital Corporation says south-east Asia has only seen the “tip of the iceberg” of Chinese companies wanting to explore opportunities in the region, as the state-backed investment bank...
...state engineered the shotgun marriage between its two biggest lenders....
...Banks have since significantly tightened up scrutiny of clients, with approvals for setting up private banking accounts and new family offices in the city-state now stretching into months and in some cases...
...State institutions such as the central bank have already suffered a decline. Since August, the chairs of some state banks have in effect outranked the PBoC governor in the Communist party hierarchy....
Current rates from the state-owned savings bank
...State-owned CDB’s lending required Angola to top up cash collateral in a special escrow account as security, to a minimum amount of $1.5bn....
...Coutts, the private bank owned by state-backed NatWest, plans to shift customers away from UK equities to access “mega-themes” in international stocks, despite government efforts to revive London’s capital...
...Chinese property group Shimao faces a winding-up petition from one of China’s largest state-run banks, the developer said in a disclosure to the Hong Kong stock exchange on Monday....
...The involvement of a prominent state-owned bank signals a new level of impatience among creditors as a cash crunch for property developers continues to worsen....
...Last summer, a Russian court froze about $36mn worth of assets owned by Goldman following a lawsuit by state-owned bank Otkritie....
...The China Development Bank is primarily responsible for making infrastructure loans and is under direct supervision of the State Council, the country’s cabinet....
...Isolated from the world’s capital markets, Russian banks have benefited from a boom in domestic lending as households have rushed to take on state-subsidised mortgages and corporate lending has soared....
...State sell-offs in the 1980s and 1990s promised a whole new way of doing business, bringing in (at least theoretically) cost efficiencies and productivity gains....
...Junaidi was referring to the success of the state-owned bank’s digital banking platforms, especially Livin’ — a mobile app for retail customers that he called “the real superapp” in an apparent dig at Indonesian...
...The US state department said four “Israeli nationals/individuals connected to violence in the West Bank” already had sanctions placed against them on Thursday....
...But rate setters called attention to “considerable uncertainty” over official jobs data that was making it “more difficult to gauge the underlying state of the labour market”....
...Reza Baqir Former Governor, State Bank of Pakistan (2019-2022); Global Practice Leader of Sovereign Advisory Services, Alvarez & Marsal, Dubai, United Arab Emirates...
...The government also asked state-owned enterprises to limit their US dollar purchases....
...Using new(ish) and enhanced financial accounts data for the United States, they find that — rather than NBFIs substituting for bank business — NBFI and bank businesses and risks are better seen as increasingly...
...The US has announced sanctions against an individual and two organisations accused of targeting Palestinians in the West Bank....
...The state, which exited the country’s largest lender, Bank of Ireland, in 2022, holds less than 40 per cent of AIB....
...After all, the money centre banks (which sponsored enactment of the FSIA), trust companies, and major law firms were all headquartered there....
...Most of the misgivings against efforts to mobilise the Russian state’s assets to help its victim have centred on the legality of confiscating a central bank’s reserves....
...The deal struck by the bloc’s 27 ambassadors on Wednesday only targets profits made by Belgium’s central securities depository Euroclear, where about €190bn of Russian central bank assets are held....
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