Tuesday, May 23, 2017

China's Banks Are Not Out Of The Woods Yet

Big banks' profitability on the mend

The Industrial and Commercial Bank of China building in Buenos Aires, Argentina. [Photo/VCG] The profitability prospects of China's big banks have improved in the first quarter of this year after the country's economy picked up steam during the period while smaller banks will see greater capital and liquidity pressure amid tightened regulation, analysts said. Industrial and…