Bloomberg A rally for Chinese banks listed in Hong Kong has cut their price gap to mainland shares in half — and that seems about as much as investors are willing to tolerate. In the five months through September, a gauge of the big four lenders’ Hong Kong shares jumped 15 percent as southbound cash poured into the stocks, ...

  Bloomberg Bank of China’s (BOC) top official in New York said he’s boosting compliance efforts amid a US crackdown on illicit money moves that already led to a $215 million penalty against Agricultural Bank of China Ltd. “From the perspective of regulation, the U.S. is the toughest,” Xu Chen, chief executive officer and president of Bank of China’s New ...

Bloomberg Credit Agricole SA, France’s third-largest bank, said quarterly profit doubled from a year earlier as it booked gains from a reorganization and bond-trading income surged. The lender also pledged a stable or rising dividend for next year. Net income climbed to 1.86 billion euros ($2.1 billion) in the third quarter, the bank said in a statement on Tuesday, in ...