Banking

Small Chinese Banks Scaling Up Shadow Lending

Small Chinese Banks Scaling Up Shadow Lending

China’s shadow banking sector is growing, according to new documents revealing a rise in the number of unlisted banks operating in the country. Well-known lenders, including several city-based firms, are engaging in complex credit schemes to avoid the country’s increasing…
Spanish Banks Showing Signs of Recovery

Spanish Banks Showing Signs of Recovery

Two of Spain’s largest lenders are showing signs of recovery as bad debts decrease and overall lending increases. Sabadell and Caixabank have both reported a drop in their bad-debt ratio, with Sabadell’s ratio falling from 13.6% to 13.5% over the…