China approves three private banks2014-07-25
China's banking regulator has approved the establishment of three private banks including Webank by Internet giant Tencent, according to the China Banking Regulatory Commission on Friday.

Shanghai's first private bank to land in FTZ2014-05-15
The nurturing of private lenders in China gained traction on Wednesday as Shanghai's first private bank prepared to open in the free trade zone(FTZ).

Private banking opportunities draw increased foreign interest2014-04-18
More foreign financial organizations are eyeing opportunities in China's burgeoning private banking market, taking different approaches to tap into a unique and fast-evolving customer base.

Tencent seeks innovation with Qianhai bank2014-04-15
Tencent is scouting for innovation opportunities in Internet finance in the Qianhai Economic Zone in Shenzhen as the company has won the license to set up a private bank.

Tencent given bank go-ahead2014-04-15
Tencent Holdings, one of China's largest Internet companies, has been granted a license by the nation's top banking watchdog to set up a private bank with headquarters in Shenzhen, Guangdong province, China National Radio reported.

CBRC cracks whip on private banks2014-03-20
Although the establishment of five private banks is widely seen as a financial reform breakthrough, some experts caution the public against becoming overly optimistic about the prospects of these banks.

Further scrutiny awaits tech titans2014-03-12
China will begin a pilot program to establish five privately owned banks, with 10 private companies including Internet giants Alibaba and Tencent in line to participate, said Shang Fulin, head of the China Banking Regulatory Commission.

Alibaba, Tencent get nod for private banks2014-03-12
Ten companies, including Internet giants Alibaba and Tencent, have been picked to invest in China's first five privately owned banks, the banking regulator said yesterday.

Private lenders will test the waters of financial reform2014-03-12
For the first time in almost two decades, the nation's banking sector is set to get an infusion of private capital with the foundation of five institutions to be formed by entrepreneurs.

Privately funded banks to be launched2014-03-11
Ten private companies will launch five banks that are entirely funded by private capital in Tianjin, Shanghai, Guangdong Province and Zhejiang Province as part of a pilot program, Shang Fulin, head of the China Banking Regulatory Commission, said Tuesday.

China readies for private banks2014-03-11
China will approve five private banks on a trial basis, the latest move in opening the previously-closed sector to private capital, according to the country's banking regulator.

China to pilot five private banks2014-03-11
China will set up five private banks on a trial basis before the practice is extended to more places, the chief of the country's banking regulator said on Tuesday.

Caution urged in entering banking industry2014-03-09
Private entrepreneurs should think carefully before stepping into the banking industry given the sector's fierce competition, lawmakers and political advisors suggested over the weekend.

Baidu eyes JV to secure banking license2014-03-09
China's biggest online search company may form a partnership to apply for a private banking license.