Industrial and Commercial Bank of China Ltd (601398.SS)
12 Nov 2018
BRUSSELS The European Commission on Thursday stepped up legal action against Malta and Luxembourg for not fully applying European Union rules to prevent money laundering at banks and through companies.
* Commission sent warnings to Denmark, Estonia over rules (Adds details of Malta, Luxembourg cases, other decisions)
BEIJING/SHANGHAI The risk of deteriorating asset quality will loom over China's biggest banks, analysts said, even as the nation's biggest lenders have reported rising profits and steady bad loan ratios.
BEIJING/SHANGHAI, Oct 30 Industrial and Commercial Bank of China (ICBC) , the country's biggest-listed lender by assets, reported on Tuesday a 5.6 percent rise in net profit for the third quarter.
BEIJING, Oct 18 China's largest commercial lender, Industrial and Commercial Bank of China (ICBC) , has signed agreements with 100 private companies pledging more financing support, according to a source with direct knowledge of the matter.
BRUSSELS The European Central Bank has reached a preliminary decision to revoke the license of Malta's Pilatus Bank after its chairman was charged with money laundering, two ECB officials told Reuters, though legal hurdles remain. | Video
* ECB sources say licence withdrawal still faces legal hurdles
SHANGHAI/BEIJING Industrial and Commercial Bank of China , the world's largest commercial bank, joined its peers in reporting higher first-half profit and a steady bad loan ratio, but flagged trade tensions as a risk to economy.
* Chairman says trade tension bringing uncertainty to economy (Adds preference share issue plan in para 12)
* Chairman says trade tension bringing uncertainty to economy