Friday , February 22 2019

Banking

Monetary policy remains prudent, say PBOC officials

Bloomberg Senior People’s Bank of China (PBOC) officials pushed back against interpretations of its recent moves as signalling significantly looser policy, emphas- ising that monetary policy remains prudent — though it will be more targeted and flexible. “The stance on prudent monetary policy hasn’t changed,” Sun Guofeng, director of the ...

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Regulators seek consolidation of a fractured financial system in Taiwan

Bloomberg Regulators in Taiwan are taking another shot at consolidating a fractured financial system that’s scaring off foreign investors. The island’s authorities last month made it easier for lenders to merge, part of a long-running campaign to whittle down an industry where assets are so thinly spread that banks struggle ...

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