Last year, ICBC consolidated several asset management operations to create ICBC Asset Management (Global). Bing Li, who leads product development for the new entity, and Harrison Li, who leads global asset management for ICBC, talk about the new entity and its role in supporting the wider ambitions of the bank—and of China itself.
World's Safest Banks 2018
The key factor shaking up the rankings this year is the tightening of regulatory oversight worldwide.
Almost one in four countries experienced a change of their Safest Bank in 2018, as winners were rewarded for improved financial profiles, higher ratings and asset growth.
For China’s banks, growth is easier than reducing debt and bad loans.
Regulatory strictures have forced European banks to shape up, with positive results for many.
Middle East banks are generally strong, but will need to grow their books of quality loans to improve profitability.
Islamic finance is expanding, though its strength is built in the Gulf.
Emerging markets are more vulnerable to external shocks of all kinds; the safest banks provide stability in volatile markets.
Rating-agency reappraisals shake up this year’s ranking of the world’s safest banks.
China has the world’s biggest banks, so it’s no surprise that it leads the emerging markets rankings. The rest of the BRICs are well represented, too.
The world’s biggest banks are even bigger than last year. China has the biggest; Europe has the most.
A slowdown in GDP growth still leaves Spain outperforming the rest of the eurozone. But will turmoil in Catalonia dampen spirits?
Lithuania's laser focus attracts new investment.
India's middle class is rising but many of its people are left behind.
Scientists offer dire warning on climate change.
The Turkish economy's wild ride is finally calming down.
Corporate Finance & Capital
Copyright law for the digital era.
A new global standard to fight money laundering.
Crypto comes to Swift's annual conference.
Trade wars are not denting M&A activity overall.
Kashoggi scandal threatens Kingdom's vital FDI inflows.
Falling oil prices are squeezing GCC economies.
These risky investments are paying off.
Are chief operating officers going out of style?
Frontier Market Report
Investors looking to build in Bulgaria will find government incentives and low-cost labor, but also a skills shortage.
How far will MENA banks go in embracing digital innovation? Global Finance’s Dubai conference explored various approaches to rapid change in the banking sector.
Low productivity, low investment rates and political uncertainty still hamper Latin America’s biggest markets. Financial innovation might help.
Cash remittances to the Caribbean have fallen due to crackdowns on criminal activity in the financial sector but fintechs are picking up some of the slack.
In the aftermath of revolution and civil war, the storied trading region seeks to convince investors it’s time to come back.