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Central financial work conference

China’s new rules for finance pull the brakes on gravy train, bringing ‘greed is good’ era to a halt

by Anas Siddiqui
China’s new rules for finance pull the brakes on gravy train, bringing ‘greed is good’ era to a halt

“Everyone, from the top brass to people like us in middle ranks, earn less than before,” said a credit manager with Bank of China, one of the country’s “big four” …

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China wants to build ‘first-class’ investment banks – but isn’t telling the industry how

by Ron Morgan
China wants to build ‘first-class’ investment banks – but isn’t telling the industry how

“The basic structure of the domestic capital market is different from that of foreign countries,” said the manager, who requested not to be named as he was not authorised to …

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