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Top related persons:
Jane Fraser - 1 Selena Li - 1 Engen Tham - 1 Sumeet Chatterjee - 1 Edwina Gibbs - 1
Top related locs:
HONG KONG SHANGHAI China Swiss Hong Kong Shanghai
Top related orgs:
Credit Suisse - 1 UBS - 1 Citigroup - 1 Credit Suisse Securities China - 1 Citi - 1 Securities - 1 SS - 1 CSS - 1

Search resuls for: "Selena Li Engen Tham"


2 mentions found


☆ Exclusive: Credit Suisse puts up China brokerage venture for sale -sources
  + stars: | 2023-06-09 | by ( Selena Li Engen Tham | Selena Li | Engen Tham | ) www.reuters.com   time to read: +1 min
Citigroup (C.N) had at one point shown interest in acquiring Credit Suisse Securities China (CSS), they added. Citi, whose CEO Jane Fraser was in China this week, is setting up a securities brokerage in China. UBS already has a majority-owned securities brokerage business in China. UBS and a spokesperson representing both Credit Suisse and CSS declined to comment. Founder Securities and the China Securities Regulatory Commission did not immediately respond to Reuters requests for comment.
Persons: Jane Fraser, Selena Li, Engen Tham, Sumeet Chatterjee, Edwina Gibbs Organizations: Credit Suisse, UBS, Citigroup, Credit Suisse Securities China, Citi, Securities, SS, CSS, China Securities Regulatory Commission, Thomson Locations: HONG KONG, SHANGHAI, China, Swiss, Hong Kong, Shanghai
☆ China's Big Five banks post healthy results, warn of shaky recovery
  + stars: | 2023-03-30 | by ( Ziyi Tang Selena Li Engen Tham | Ziyi Tang | Selena Li | ) www.reuters.com   time to read: +3 min
REUTERS/Florence Lo/File PhotoSummarySummary Companies Five big lenders post over 3.5% annual net profit growthNet interest margin shrank at all fiveNPL ratios steady or down for all fiveBEIJING, March 30 (Reuters) - China's Big Five lenders posted above 3.5% annual net profit growth this week, but warned that the foundations of the country's recovery were "not yet solid". China's Bank of Communications Co Ltd (BoCom) (601328.SS), and Bank of China (BoC) (601988.SS) both posted just over 5% annual net profit growth on Thursday. Even higher figures came from the Agricultural Bank of China Ltd (601288.SS) (AgBank) on Thursday and China Construction Bank Corp on Wednesday, which both posted over 7% annual net profit growth. Industrial and Commercial Bank of China (ICBC) (601398.SS), , the world's largest listed lender by assets, came in at 3.5% annual net profit growth. NPLsWhile all five lenders posted steady or falling non-performing loan ratios, they also logged shrinking net interest margins (NIM), a key gauge of bank profitability.
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