Welcome!
Industrial and Commercial Bank of China (ICBC)
Banking & finance
World's largest bank hit by ransomware gang linked to Boeing, Ion attacks
The prolific gang known as Lockbit is suspected to have orchestrated a ransomware attack against the US unit of ICBC.
November 10, 2023
Anti-money laundering
UBS, ICBC and Bank of China join banks ensnared in Singapore’s US$2 bil scandal
More than 10 banks have been ensnared for their ties with the alleged money launderers, or their businesses in Singapore.
October 19, 2023
Banking & finance
China's big four state banks said to cut dollar deposit rates
The move comes at a time when strong demand for the US currency in the banking system helped push the yuan to a six-month low.
June 07, 2023
Funds
Nikko AM's ETF benchmarked to ChinaBond-ICBC RMB Bond Index is now listed on the SGX
The ETF is the first one to be linked to the index.
November 24, 2020