Zhu Liangtao

2 days ago | caixinglobal.com | Zhu Liangtao |Ding Feng |Denise Jia

00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Citigroup is to slash 3,500 technology jobs in China, a sweeping move that has drawn renewed attention to the retreat of foreign financial institutions from the world’s second-largest economy. In a statement released Thursday, the American investment bank said it would streamline its global technology solutions centers in Shanghai and Dalian, cutting staff before the fourth quarter of 2025.

2 weeks ago | caixinglobal.com | Zhu Liangtao |Denise Jia

00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Authorities in Shanghai and Hangzhou have launched separate probes into Shanyuhai into the suspected illegal collection of public deposits. According to an official notice from the West Lake District’s special task force, both cities have taken criminal enforcement actions against company personnel, and local stations have begun registering complaints from investors.

1 month ago | caixinglobal.com | Wu Xiaomeng |Zhu Liangtao |Fan Qianchan |Qing Na

Explore the story in 3 minutesChinese banks are increasingly optimistic about their international ventures, as their overseas operations show significant growth in profits compared to domestic struggles. The Industrial and Commercial Bank of China (ICBC) reported a 19% rise in pretax profits from its overseas institutions last year, reaching $4.4 billion as total assets expanded by 4% to over $430 billion [para. 2].

1 month ago | caixinglobal.com | Wu Xiaomeng |Zhu Liangtao |Fan Qianchan |Qing Na

00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Chinese banks have reasons to be optimistic about venturing abroad. Industrial and Commercial Bank of China Ltd. (ICBC), the world’s largest commercial lender by assets, reported that the pretax profit for its overseas institutions rose 19% to $4.4 billion last year, according to Zhang Weiwu, a senior executive vice president.

2 months ago | caixinglobal.com | Zhu Liangtao |Fan Qianchan

“商业银行现在钱是一块一块地挣，日常管理成本要一毛钱一毛钱地省。”兴业银行董事长吕家进在业绩会上这样形容当下的紧日子，并提出要以工作质效提升的“确定性”来应对外部环境的“不确定性”。 "Commercial banks are now earning money bit by bit, and daily management costs need to be saved dime by dime," described Lu Jiajin, Chairman of Industrial Bank, at a performance meeting, characterizing the current challenging times. He suggested facing the "uncertainty" of the external environment by improving the "certainty" of work quality and efficiency.