Bank of China Limited (BOC) is one of the big four state-owned commercial banks of the People's Republic of China. From its establishment until 1942, it issued banknotes on behalf of the Central Government along with the "Big Four" banks of the period: the Central Bank of China, Farmers Bank of China and Bank of Communications. Although it initially functioned as the Chinese central bank, it was replaced by the Central Bank of China in 1928. Subsequently, it became a purely commercial bank. It is the 2nd largest lender in China overall, and the 8th largest bank in the world by market capitalization value. Once 100% owned by the central government, via Central Huijin Investment and National Council for Social Security Fund (SSF).
US gains access to European banking data - 01.08.2010 US terror investigators can now take advantage of the terms of an agreement drawn up with the EU, which gives them access to the details of bank transfers taking place between the EU and the rest of the world. Source: Deutsche Welle
Results of the 2010 EU-wide stress testing exercise - 23.07.2010 Further to its statements issued on 18 June, 7 July and 19 July 2010, CEBS today releases its summary report on the results of the EU-wide stress test exercise. Source: The Committee of European Banking Supervisors (CEBS)
European banks face stress test - 08.07.2010 The European Union and European Central Bank are pushing for more than 100 European banks to be stress tested, in an effort to avert another financial crisis. Source: Financial News
Siemens plans to set up its own bank - 30.06.2010 German industrial conglomerate Siemens AG plans to set up a bank of its own in an effort to reduce risks of financing difficulties following the economic crisis, the company said Monday. Source: Associated Press
Greek leader considers action against US banks - 17.05.2010 Greece may investigate U.S. investment banks and their role in the run-up to the Greek debt crisis which has shaken faith in euro zone economies, Prime Minister George Papandreou said in comments broadcast on Sunday. Source: Reuters
Bank of China Limited (BOC) is one of the big four state-owned commercial banks of the People's Republic of China. From its establishment until 1942, it issued banknotes on behalf of the Central Government along with the "Big Four" banks of the period: the Central Bank of China, Farmers Bank of China and Bank of Communications. Although it initially functioned as the Chinese central bank, it was replaced by the Central Bank of China in 1928. Subsequently, it became a purely commercial bank. It is the 2nd largest lender in China overall, and the 8th largest bank in the world by market capitalization value. Once 100% owned by the central government, via Central Huijin Investment and National Council for Social Security Fund (SSF).
