Search Results for: PBC
Deutsche Bank reports fourth quarter 2014 net income
January 29th, 2015
Deutsche Bank reports fourth quarter 2014 net income of EUR 441 million Group results Fourth quarter 2014 results Income before income taxes (IBIT) of EUR 253 million Core Bank IBIT, which excludes the Non-Core Operations Unit (NCOU), of EUR ...
Fresh progress in China-Switzerland financial cooperation
January 22nd, 2015
The Swiss National Bank (SNB) and the People’s Bank of China (PBC) signed, yesterday Jan 21 2015, the Memorandum of Understanding on the establishment of RMB Clearing Arrangements in Switzerland, and the PBC decided to extend the pilot scheme of ...
China cuts key short-term money rate as Beijing pushes down cash costs
November 25th, 2014
China’s central bank lowered the yield for a key short-term money rate on Tuesday, the fourth time it has done so this year, as regulators step up efforts to reduce funding pressure for Chinese companies. The reduction, announced on ...
MAS welcomes cross-border yuan initiative for Tianjin Eco-city
July 10th, 2014
The Monetary Authority of Singapore (MAS) has welcomed the move by China’s central bank to allow companies and individuals in Tianjin Eco-city to conduct cross-border yuan transactions with Singapore. The directive issued by the People’s Bank of China (PBC) ...
Regulators Zone
February 4th, 2014
