China has named Zhang Qingsong as deputy governor of the People's Bank of China (PBOC), the cabinet said on Tuesday, as part of a reshuffle of the bank's leadership ahead of an important Communist Party meeting. Zhang, 57, has served as president of the Agricultural Bank of China, vice president of Bank of China and president of policy bank the Export-Import Bank of China.
Rating Action: Moody's affirms Bank of China (Australia) Limited's ratings, outlook stableGlobal Credit Research - 02 Sep 2022Sydney, September 02, 2022 -- Moody's Investors Service has affirmed the Baseline Credit Assessment of baa1 and long-term issuer rating of A3 for Bank of China (Australia) Limited (BOCAL), which is wholly owned by Bank of China Limited (BOC, A1 stable). SUCH USE WOULD BE RECKLESS AND INAPPROPRIATE.
(Bloomberg) -- China’s biggest banks, including Industrial & Commercial Bank of China Ltd., reported slowing earnings growth after being roped in by Beijing to help stave off a deeper economic slump in the world’s second-biggest economy.Most Read from BloombergAdani Becomes World’s Third Richest Trailing Only Musk, BezosElon Musk Attacks Twitter Deal Over Whistle-Blower as Feud EscalatesThere’s a New Recession Canary in the Coal Mine, Morgan Stanley SaysDOJ Response Raises Doubts on Trump ‘Speci