Welcome to “The Scoop” — the ultimate back-to-the-office water cooler cheat sheet, your go-to source for all things everyone ...

China’s top legislative body gave its green light for local governments to swap some of their mounting off-balance-sheet ...

China top legislative body approved a bill on Friday to allow local governments to issue 6 trillion yuan ($838.8 billion) in ...

China will hold a briefing on a plan to allow local governments to refinance their off-balance-sheet debt at 4 p.m. on Friday ...

BEIJING - China kicked off a fresh round of fiscal support on Friday for its sputtering economy with a package that eases ...

China’s top legislative body reviewed a proposal to move some local governments’ off-balance-sheet debt onto their official accounts, a highly-anticipated move to ease their financial burden that has ...

Measures announced on Friday to shore up financial stability are incrementally positive but will not push growth higher ...

SINGAPORE/SHANGHAI (Reuters) - China top legislative body approved a bill on Friday to allow local governments to issue 6 ...

In the regional banking space, Webster Financial Corp. unit Webster Bank NA more than doubled cash and equivalents to $3.20 billion during the third quarter. Click to read.

Moreover, in the realm of expenses, subsidiary entities as mentioned above, can also be a haven for off-balance sheet reporting of some expenses that are not transparently realized. Ownership in ...

China’s top legislative body is reviewing a proposal to move some off-balance-sheet debt of local governments to their ...