Another major Chinese bank appears to be circumventing Government attempts of reducing speculation in the property market by adopting a relaxed interpretation of a recent directive.
Bank of Communications has joined ICBC and China Merchants Bank in relation to a new law that requires more stringent financials for those …
burningpants published an article several months ago looking at the concept of economic utility or the fact luxury goods exist in almost every industry except financial services.
The idea went something like this: when this burningpants’ scribe was a kid in 1974 the most expensive bike in Stan Steen’s …
One of the grim facts about financial services is that by and large it is an industry highly reliant on selling.
This isn’t to say that people who are sold a product or take-up a service, such as financial advice, are taking on commitments they either don’t need …
Australia’s banking sector was inadvertently put in its place last week by China banking heavyweight ICBC.
On the same day ANZ Bank announced plans to set aside $1 billion to invest in any number of Asian assets, ICBC splashed out exactly six times this amount to grab a …
The regulation of financial markets is a tough old game and in a way has many similarities with the story of Goldilocks and the Three Bears.
Overzealous regulators with a penchant for market intervention run the risk of creating uncertainty and dampening sentiment, leaving investor porridge cold, while …
Advertising is all about eyeballs – getting people’s attention, facilitating understanding, building affection and ultimately influencing purchase decisions.
In financial services, and in other industries, there has been a growing trend of advertising on company vehicles and creating more ‘bang for buck’ from having a fleet service in …
