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SBP receives $500mln from Chinese bank

ISLAMABAD: Finance Minister Senator Ishaq Dar on Friday said that the State Bank of Pakistan (SBP) received $500 million from Chinese Bank ICBC, ARY...

Another $500m from Chinese bank to be received soon: Ishaq Dar

ISLAMABAD: The Ministry of Finance has completed documentation for the second disbursement of $500 million from the Industrial and Commercial Bank of China (ICBC),...

Junior staff ‘stole nearly $600m from major Chinese bank’

BEIJING: Two junior employees of one of China's biggest banks stole financial instruments worth 3.9 billion yuan ($593 million) in a failed attempt to make a fortune on the stock market, the bank admitted.

HSBC subsidiary announces sale of 10pc stake in Chinese bank

HONG KONG: Hang Seng Bank, a Hong Kong-based subsidiary of British banking giant HSBC, on Tuesday announced the sale of a 10 percent stake in China's Industrial Bank in a transaction that could be worth $4.74 billion.