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Industrial and Commercial Bank of China (ICBC)
Zest
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
Zest
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