By Ben Glickman The Industrial and Commercial Bank of China and its New York branch will pay $32.4 million in fines to the Federal Reserve Board and New York.
By P.R. Venkat Chinese bank stocks rose after a state fund raised its stakes in the country's four biggest banks, boosting hopes that Beijing will step up.
By Pierre Bertrand UBS Group on Tuesday said that it has entered into a memorandum of understanding with the Industrial and Commercial Bank of China to.