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According to Axios: U.S. Treasury Secretary Bessenter has called for reduced regulation to support smaller banks.

2026-08-31

According to Axios: U.S. Treasury Secretary Bessenter has called for reduced regulation to support smaller banks.

Other News
2026-08-31

Spot palladium fell 3% to $1,378.05 per ounce.

Spot palladium fell 3% to $1,378.05 per ounce.
2026-08-31

At an Aug. 31, 2026 mid-year results briefing, China Merchants Bank president Wang Xiaoqing said the bank will prioritize short‑term operations to stabilize its development base, with a core objective of stabilizing net interest margin. The bank will

At an Aug. 31, 2026 mid-year results briefing, China Merchants Bank president Wang Xiaoqing said the bank will prioritize short‑term operations to stabilize its development base, with a core objective of stabilizing net interest margin. The bank will preserve its low‑cost funding advantage, steadily strengthen asset‑side risk‑pricing, expand non‑interest income by unlocking subsidiaries’ operating potential, and capital pursue‑market opportunities by deepening wealth management and financial‑markets businesses to lift segment contribution. It will closely monitor early and directional signs of asset‑quality deterioration, prioritizing prevention and resolution of risks in retail lending and vacant property.
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