Bank of Communications

The Q3 financial reports of China’s five largest state-owned banks showed that their profits have deteriorated and bad debts have increased. Analysts believe that as China is in the midst ...

BEIJING/SHANGHAI—China's largest state-owned banks are readied for rising bad debt and increased margin pressure in the months ahead ...

China recently opened its financial system to more foreign ownership, allowing foreign investors to take controlling interests in ...

China’s biggest banks reported a surge in soured and castoff loans in the first half of the year, ...