China’s banks are not immune to the recession triggered by the COVID-19 crisis. Analysts and official data indicate that some of the country’s largest banks...
With the economic and political battles between the U.S. and China heating to a boil, one of China’s top banks is urging financial institutions (FIs)...
Bank of China announced that it has issued 20 billion yuan ($2.8 billion) in blockchain-based bonds for small- and micro-sized businesses using its own blockchain...
Hong Kong’s financial services market is gearing up for a battle between FinTechs and traditional institutions as the government prepares to issue its first online-only...
To look into blockchain payment applications, Bank of China (BOC) is teaming up with China UnionPay. The tie-up was fueled by regulatory requirements as well...
UnionPay International is partnering with Bank of China’s Canadian unit to launch its QR code payment service in Canada. According to a report in Verdict,...
The Bank of China and 297 people are facing indictments in Italy involving a massive money laundering operation. Most of the suspects are Chinese nationals...