Agricultural Bank "takes over" Bank of China, and another large bank's deputy governor "resigns."
Xu Han from Agricultural Bank and Lin Jingzhen from Bank of China both resigned due to age reasons.
The transformation of the Banking Industry in adversity in 2024: the mud and dawn of the "light asset" vision.
How far is dawn?
MINSHENG BANK officially announced an adjustment to the risk ratings of some publicly offered Funds that had been raised multiple times last year.
① Starting from January 10, MINSHENG BANK will adjust the risk ratings of some agency-sold public Fund products; ② Analysts state that investors need to "understand the rules and recognize the risks."
CM BANK leadership team update: Zhong Desheng has assumed the position of Deputy Secretary of the Party Committee, forming a new structure of "one chief and six deputies".
① After resigning as vice president, Zhong Desheng continued to serve as the Chief Risk Officer of CM BANK while further becoming the Deputy Secretary of the Party Committee of the bank; ② Currently, the leadership team of CM BANK has been fully established, and the management team structure has basically formed a new pattern of "one main and six deputies."
3 billion yuan! This year's first bank perpetual bond approval for "capital replenishment" has been granted to BANK OF GUIZHOU, with an issuance scale exceeding 1.6 trillion last year.
On the evening of January 2, the official website of the National Financial Regulatory Administration indicated that the supervision approved BANK OF GUIZHOU to issue capital instruments not exceeding 3 billion yuan (inclusive), with the type being subordinate debt Bonds. The approval date is shown as December 23, 2024. In 2024, the issuance scale of commercial banks' subordinated debt Bonds exceeds 1.6 trillion yuan, significantly surpassing 1.12 trillion yuan in 2023.
After being vacant for more than two years, Zheng Guoyu was elected as the new Chairman of the Postal Savings Bank Of China, previously serving in the Bank Of China and Industrial And Commercial Bank Of China.
① This afternoon, the Postal Savings Bank Of China announced that, following a resolution by the Board of Directors, Zheng Guoyu has been elected as the Chairman of the Postal Savings Bank Of China, and his qualification is subject to approval by the National Financial Regulatory Administration before taking effect; ② Zheng Guoyu currently serves as a director, general manager, and chief compliance officer of China Post Group Co., Ltd. He has previously held the position of vice president at both the Bank Of China and the Industrial And Commercial Bank Of China.