Tom was given
custody of the children.
汤姆获得对孩子的监护权。
Eric is in
custody awaiting trial.
埃里克已被拘留候审。
The bank is interested in many areas including custody and futures businesses, she said.
He was later released from custody and ordered to remain in the country pending an investigation, Geng said.
Income from credit cards, agency insurance services and syndicated loans increased rapidly, in addition to steady income growth of asset custody and wealth management products, according to the bank's interim results announcement issued on Wednesday.
The suspect has been held in criminal custody by Putuo police.
The A-share listed Seazen said in an exchange filing late on Wednesday that its chairman Wang Zhenhua - the company's actual controller - has been held in criminal custody for "personal reasons".
China Eastern Airlines has 14 MAX aircraft, all of which have been kept in safe custody for aircraft maintenance requirements, and would resume flying only after the Civil Aviation Administration of China and Boeing resolve the safety concerns.
Yet (CEO) Jamie Dimon wasn't whisked into custody.
She won't be released from custody until she fulfills the bail terms.
Yet (CEO) Jamie Dimon wasn't grabbed off a plane and whisked into custody.
Standard Chartered became the first foreign bank to receive a domestic fund custody license in China on Monday, a milestone that allows the British bank to capitalize on the growing trend of Western funds investing into China's stock and bond markets.
We are excited to be part of this process as we work closely to support our clients in their custody needs.
Firm says CEO taken into custody in US, but later releasedThree US law firms－Rosen Law Firm, Schall Law Firm and Pomerantz LLP－announced on their official websites on Wednesday they are investigating whether Chinese e-commerce giant JD made false or misleading statements on the case of its founder and chairman Liu Qiangdong or failed to disclose information pertinent to investors.
"We were informed that our CEO Liu Qiangdong was taken into custody by Minneapolis police on Aug 31.
According to Minnesota law, the police can only take a person in custody no less than 36 hours before formally filing the charge, and can continue their investigation after release.
Their cooperation started from the express payment service of Alipay, the online payment service provider of Ant Financial, and both parties have become each other's major partner in terms of cross-border financing, retail banking, fund custody and e-banking.
"JPMorgan's treasury services business, which processes more than $5 trillion in global payments every day, provides its offerings to Chinese companies, as does the bank's growing custody and fund services business, which holds more than $23 trillion in assets under management for clients around the world.
He has served as the de-facto chief of Samsung Electronics as Vice Chairman Lee Jae-yong was taken into custody and stood trial on bribery charges involving impeached President Park Geun-hye.
Additionally, leveraging the existing financial infrastructure could facilitate trading, custody and settlement in the national carbon market, and boost the development of carbon derivatives.
With a fast improving outlook for China and global investors becoming more bullish, Deutsche Bank sees big potential this year for its debt underwriting, asset management, investor services and custody businesses.
Among them, foreign institutions' bonds under custody with China Central Depository & Clearing increased by 50.1 billion yuan to 3.73 trillion yuan in September, rising for 38 consecutive months.
Data from China Central Depository & Clearing showed bonds held by foreign institutions under custody only account for 4.24 percent of total bonds under custody, lower than the 30 percent in the US.
Chinese Ambassador to Canada Cong Peiwu expressed his concern in a phone call with Meng Wanzhou, Huawei's chief financial officer, on Wednesday, the 1,000 day of her custody in Canada, according to the website of China's embassy in Canada.
Ghosn is facing financial misconduct charges and was arrested in connection with fresh allegations and taken back into custody last week after spending barely a month out of detention on bail.
Tokyo prosecutors on Thursday arrested former Nissan Motor Co chairman Carlos Ghosn, less than a month after he was released on bail after serving more than 100 days in custody.
He needed court approval to attend because conditions for his release last week on 1 billion yen ($9 million) bail, after more than 100 days in custody, prohibit actions that may enable him to tamper with evidence.
Stadler's arrest marked the first time that a member of the management board of a German carmaker was taken into police custody in the diesel emissions scandal.
Stadler was taken into police custody on Monday.
The prosecution office was unwilling to reveal the name of the prison into which Stadler had been taken into custody on Tuesday.
Audi chief executive officer (CEO) Rupert Stadler has been taken into police custody in the course of ongoing investigations by German authorities into the "dieselgate" scandal, a spokesperson for the luxury carmaker's parent company Volkswagen group confirmed on Monday.
Until Stadler's arrest on Monday, the former head of Audi's engine development division was the only suspect held in police custody in Germany.
・ Triple A Digital Finance Innovation Award, Best QDII Custody Bank Award, Best Sustainable Creditor Award granted by The Asset.
By the end of July, outstanding bonds held in custody were at 151.5 trillion yuan, central bank data revealed.
By the end of June, outstanding bonds held in custody stood at 150.3 trillion yuan.
By the end of May, outstanding bonds held in custody were at 149.3 trillion yuan, central bank data showed.
Bank of China chairman said the State-owned commercial lender hopes to further deepen cooperation with the Banque de France, France's central bank, in areas such as financial market transactions, cross-border custody and settlement agency, jointly building a financial bridge to promote economic and trade exchanges between the two countries.
By the end of March, outstanding bonds held in custody were at 147.5 trillion yuan, central bank data showed.
With a fast improving outlook for China and global investors becoming more bullish, Deutsche Bank sees a big potential this year for its debt underwriting, asset management, investor services and custody businesses.
By the end of January, outstanding bonds held in custody totaled 144.9 trillion yuan, according to the bank.
By the end of November, outstanding bonds held in custody totaled 144.5 trillion yuan, according to the bank.
By the end of October, outstanding bonds held in custody totaled 144.1 trillion yuan, according to the bank.
- As of the end of August, overseas institutions held 3.55 trillion yuan ($507.14 billion), or 2.5 percent, of the outstanding bonds in custody in China's bond market, according to the central bank.
Liu Zhiyong, vice-president of China Wealth (Asset) Management Registry and Custody Co, said with strict risk management systems, strong capabilities of macroeconomic assessment and asset allocation experiences, commercial banks will sort out sound investment strategies for WMPs, which will meet investor requirements for safe and stable pension investments.
At the same time, banks can also offer custody services for asset management products for retirement planning, said Wu Jinmei, vice-president of BOC Wealth Management Co.
As of the end of June, outstanding bonds held in custody stood at 141.7 trillion yuan, the data showed.
BNP Paribas is seeking access to the securities investment fund custody business in China as the country continues to open its financial sector to foreign players.
BNP Paribas (China) Ltd, a subsidiary of the French bank, confirmed on Wednesday that its application for a securities investment fund custody license in China has received initial acceptance from the China Securities Regulatory Commission.
BNP Paribas is the first foreign bank to apply for a fund custody license in the country in the last two years since Citibank (China) Co Ltd and Deutsche Bank (China) Co Ltd announced that they received such licenses from the CSRC in 2020.
By the end of last month, outstanding bonds held in custody hit 138.2 trillion yuan, the data showed.
By the end of April, bonds in China's interbank market held by overseas institutions stood at 3.77 trillion yuan ($558.52 billion), 3.2 percent of the total custody of the country's interbank bond market, the report said.
Cheng Jiajun, president of the banking industry wealth management registration and custody center, which is under China Central Depository& Clearing Co Ltd, said on March 15 that yields in products will naturally go up and down according to overall market performance as rigid payment of WMPs is no longer valid.
Deutsche Bank (China) Co Ltd announced on Wednesday it has received regulatory approval to launch its domestic custody services for securities investment funds established in China, thus becoming the first EU bank to offer such services in the country.
"We are launching the securities investment fund custody business at a most opportune time when international investors are more actively setting up onshore presence in China," said Rose Zhu, Deutsche Bank China chief country officer.
The custody service market for China's public securities investment funds alone has reached more than 20 trillion yuan ($3.14 trillion) in scale.
Anand Rengarajan, global head of sales and head of securities services in the Asia-Pacific region at Deutsche Bank, said: "Being one of the few foreign banks to provide domestic custody in one of the world's most important and fastest growing markets is a significant step for us as a leading global custody service provider.
We will continue to leverage our local market expertise in China to provide our clients with more flexible and customized custody solutions.
Wealth management subsidiaries participating in the program will put the pilot products under the independent custody of a third party, rather than under the custody of their parent banks, and regularly disclose information on product risks and returns.
Moreover, the regulator requires wealth management companies participating in the pilot program to put their WMPs for retirement under the independent custody of a third party rather than under the custody of their parent banks.
By the end of July, outstanding bonds held in custody were at 124.6 trillion yuan, said the central bank.
Citibank (China) Co Ltd has also obtained a business license to provide securities investment fund custody services for publicly-offered funds and private equity funds in China.
Last Friday, the CSRC gave the nod to FIL Asia Holdings Pte Limited to set up a fund management firm wholly owned by overseas investors, while Citibank (China) Co Ltd has also obtained a business license to provide securities investment fund custody services for publicly-offered funds and private equity funds in China.
By the end of May, outstanding bonds held in custody were at 122.2 trillion yuan, central bank data shows.
By the end of April, outstanding bonds held in custody hit 121.1 trillion yuan, central bank data showed.
Huobi said it had suspended bitcoin mining machine sales and custody services for users on the Chinese mainland.
During the 14th Five-Year Plan period, we will make overall plans for financial infrastructure development, including comprehensive statistics in the financial industry, anti-money laundering, and financial market registration and custody, clearing and settlement, payment, and credit information service.
By the end of January, outstanding bonds held in custody hit 117.8 trillion yuan, the data showed.
By the end of last year, bank WMPs provided 22.21 trillion yuan of funding to the real economy by investing in assets including bonds, nonstandard debt assets and equities of unlisted companies, said Ma Zhongfu, chairman of China Wealth (Asset) Management Registry and Custody Co Ltd, a provider of wealth management registry, custody, risk monitoring and market research services.
The key decisions included Citigroup becoming the first United States bank to receive a domestic fund custody license in China, following regulatory moves to further open up the nation's mutual funds sector.
Christine Lam, president and CEO of Citi China, said in a media release, "As the first American bank to be granted a domestic fund custody license, we're proud to be able to help our global clients gain access to China's capital markets, which are experiencing a new round of comprehensive reforms.
The two clearing houses are interconnected to provide registration, custody, and settlement services for Chinese issuers and overseas investors of the bonds.
By the end of October, outstanding bonds held in custody hit 114.6 trillion yuan, the data showed.
By the end of September, outstanding bonds held in custody hit 113.8 trillion yuan, including 18.6 trillion yuan of treasury bonds and 25.4 trillion yuan of local government bonds.
The index provider's head of policy and governance, Chris Woods, commended China's recent market reforms, including enhancing bond market liquidity, allowing additional choices for counterparties in foreign exchange trading and implementing improvements in post-trade settlement and custody practices.
- China's banking industry has seen a rise in asset custody services, with banks seeking to expand the business and maintain profitability, according to the China Banking Association.
Assets held in custody by China's banking sector hit 153.26 trillion yuan ($22.41 trillion) at the end of 2019, up 5.15 percent from the end of the previous year.
Chinese banks are developing intermediary businesses such as asset custody services to turn a profit, rather than relying heavily on net interest margins.
Banks' asset custody services include capital settlement, asset safekeeping and wealth management.
Citibank (China) Co Ltd said on Wednesday that it has received a domestic fund custody license from the China Securities Regulatory Commission, becoming the first US bank and the first among the top five global custodians to win such a license.
- China is mulling over supporting foreign banks to gain access to fund custody service in the Chinese market, in a move to further open up the financial sector, according to a draft revision of fund custody rules issued by the country's top securities regulator.
Eligible domestic branches of foreign banks would be able to apply for the permit for fund custody business, said the draft rules disclosed to solicit public opinions by the China Securities Regulatory Commission.
Besides general entry requirements, applicant branches for the permit should have been in operation for at least three years with good performance and asset quality, as well as enough working capital to match with the scale of the planned fund custody business, according to the draft revision.
The revision marks a further step in China's financial opening-up to further boost foreign banks' participation in the Chinese securities and fund market, Shanghai Securities News reported, citing remarks from HSBC Bank (China), which is looking forward to gaining access to the fund custody business in the domestic market.
Dajia capable of running operations normally, to bring in investors soon, says regulatorChina ended its two-year State custody of Anbang Insurance Group Co, as Dajia Insurance Group, a new entity created to take over Anbang's life-and pension-insurance units as well as its asset management business, has developed capabilities to run the business normally.
It also gives an opportunity for Ping An Bank to find suitable projects for other financial institutions that have connected to the platform, so as to offer services like asset custody and financing for mergers and acquisitions according to their needs.
With the clearing license and Futu's proprietary clearing system, the subsidiary, Futu Clearing Inc. , will be able to provide clearing, settlement and asset custody services to customers and other introducing brokers in the United States, allowing the tech-driven online platform to capture the full cycle of client trade and maintain custody of its clients' assets.
Apart from the initiative, Stan-Chart has continued to focus on enhancing its banking capabilities in China and has become the first foreign bank to receive a domestic fund custody license in the country.
The amount of government and policy bank bonds in custody accounts totaled 47.86 trillion yuan by the end of February, according to data from the State-owned clearing house China Central Depository and Clearing.
Standard Chartered became the first foreign bank to receive a domestic fund custody license in China on Monday, a milestone that allows the British bank to capitalize on the growing trend of Western funds investing in China's stock and bond markets.
According to data from China Central Depository and Clearing Co Ltd, foreign institutional investors' total renminbi bonds in their custody accounts were 1.35 trillion yuan ($196 billion) in July, up by 58.22 billion yuan from a month earlier.
In addition, the supportive systems, including an information disclosure system, the bondholders' meeting and the bond custody system, will be designed at the same time, according to a policy advice document provided by Li.
"We are in a unique position – as the only American bank who can offer a complete solution to international investors to invest into China, whether it's equity or fixed income, directly (QFII, RQFII and CIBM direct scheme) or via Hong Kong (Stock Connect and Bond Connect), end to end, from sales, trading, research to custody, clearing and settlement.
"In providing cross-border securities services, Citi has more than 20 years of experience in China's capital market custody services, witnessing the opening-up of China's capital markets.
Foreign banks are also allowed to report to the CBRC, rather than obtain regulatory approval, before offering four types of services, including overseas wealth management and custody services on behalf of the client.
As of the end of April, among the 44.99 trillion yuan of bond custody under the China Government Securities Depository Trust & Clearing Co Ltd, foreign investors only account for 1.7 percent.
"This will generate greater demand for Hong Kong's related financial services, such as custody and settlement, asset management, as well as risk management.
"Given the sheer size of China's debt market and its short history of development, the bond trading link itself comes as a mammoth project, which calls for building a great deal of infrastructure from scratch to set up a framework for clearing, custody, execution and settlement, and a lengthy construction period.
But he also said that was also why the bond trading link was a mammoth project, which called for a massive infrastructure buildup from scratch in order to set up a framework for clearing, custody, execution and settlement operations, and a lengthy construction period.
- China's top procuratorate and the public security ministry have issued an updated regulation on further examining and assessing the necessity of custody for criminal suspects or defendants.
The move aims to standardize the application of compulsory custody measures, while protecting the legitimate rights and interests of criminal suspects and defendants, according to the Supreme People's Procuratorate on Wednesday.
Procuratorates and public security organs should coordinate their efforts and act as a mutual check on each other when conducting examinations of the need for custody, the document underlines, adding that the policy of combining harsh punishments and leniency in handling criminal cases should be implemented, in a process that accords with the law.
The examination and assessment of the need for custody should not interfere with the lawful progress of criminal proceedings, it says.