Bloomberg Chinese lenders are reacting to a regulatory crackdown on shadow financing by increasing activity in their more opaque receivables accounts, a practice Commerzbank AG estimates may result in losses of as much as 1 trillion yuan ($153 billion) over five years. Banks are increasingly using trusts or asset management plans to lend and recording them as funds to be ...

Bloomberg Oversea-Chinese Banking Corp. (OCBC) rallied after fourth-quarter profit rose more than analysts anticipated. Shares of its two large Singapore rivals fell. The bank’s stock surged on Wednesday by the most in almost six months following the release of an exchange statement showing net income climbed 21 percent on higher interest and trading income as well as gains from life ...

AMSTERDAM / AP ABN Amro, the Dutch bank that began a phased return to the market last year, says its 2015 net profit soared 70 percent to 1.9 billion euros ($2.1 billion), despite rising regulatory costs. Chairman of the bank’s managing board Gerrit Zalm said Wednesday that “2015 was a good year for the bank.” Operating income rose 5 percent ...