China private equity deal values cratered in 2016

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After a record-breaking year of deal making in 2015, uncertainties surrounding China dented confidence last year, resulting in a 25.8 percent fall in value of private equity deals in Asia Pacific, according to a Thursday report by Bain & Company.

Former JPMorgan execs face lifetime ban

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Authorities want to permanently ban two former JPMorgan Chase executives from the banking industry for allegedly trying to win business in China by giving plum jobs to the unqualified children of government officials.

China News - Citi, JPMorgan

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Citigroup's China unit said on Tuesday that it had received the so-called "Type A" bond settlement agent license from China's central bank, allowing it to add to its offering of sales, trading and research in the fixed-income business.

Reuters - Morgan Stanley gets China nod

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Morgan Stanley has received China securities regulator's approval to boost its stake in its Chinese securities venture to 49 percent, said a person with direct knowledge of the matter, making it the first foreign bank to get such a nod.