Bloomberg China’s regulators are discussing a possible reduction in the amount of provisions that the country’s banks must set aside for their bad loans, the chairman of China Construction Bank Corp. said on Monday. A reduction in the bad loan coverage ratio to about 120 percent to 130 percent would be “reasonable” and “possible,” Wang Hongzhang told Bloomberg News ...

  BLOOMBERG Pity the poor investor trying to stack up one set of investment bank results against another. The big European banks begin reporting first quarter earnings this week. Trading will be weak. Transaction volumes are down. It ain’t going to be pretty. But trying to discern whose investment banking business is best—or worst—is an ugly task. First, whereas investment ...

  Abu Dhabi / Emirates Business The National Health Insurance Company-Daman, announced its achievement of 19 per cent Emiratisation within the company. According to the figures presented to the Federal National Council by Sultan Saeed Al Mansouri, Minister of Economy, currently 883 UAE nationals are employed in the insurance sector in the UAE, which constitutes 11 percent of the sector’s ...