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banks

China’s banks are hiding more than $2 trillion in loans

"Structuring financing deals as investments instead of loans frees up bank capital and makes it easier to extend loan deadlines…

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Man without arms denied housing loan due to inability to provide fingerprints

"The incident has triggered widespread criticism online, with many netizens pointing out that it is unreasonable to demand fingerprints given…

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Will China’s financial bust ever come?

A credit-to-GDP gauge from the Bank for International Settlements shows that China reached a record high of 30.1 percent in…

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Why China’s latest ‘financial innovation’ might not work

Although credit-default swaps "provide lenders with a tool to hedge their credit exposures by purchasing CDS protection, it is unclear…

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