Is proficiency in AI now a requirement for external recruitment in the banking sector? This investment research and analysis position explicitly lists "review of AI-generated content" as a key responsibility.

① A review of autumn recruitment and experienced-hire job postings by multiple banks reveals that explicitly incorporating the review of AI-generated content into non-technical roles, such as those in wealth management, remains an isolated practice and has not yet become a widespread trend. ② An executive at a major bank stated that it is "quite normal" for business personnel to review AI-generated content, noting that "the department responsible for generating the content should also be responsible for reviewing it."

cls.cnAug 18 20:18

ICBC: Date of Board Meeting

HKEXAug 18 16:30 · Announcements

A new landscape has indeed emerged in ETF custody: Industrial and Commercial Bank of China's market share has plummeted, broker-affiliated custodians are gaining ground, and concentration among top players is declining.

1. The total assets under custody for ETFs across the entire market shrank by over RMB 1.14 trillion in the first half of the year, falling from a peak of RMB 5.59 trillion at the beginning of the year to RMB 4.45 trillion; 2. Market concentration among top players has significantly eased, with the combined market share of the top five declining from 74.14% to 65.34%; 3. Several large-cap broad-based ETFs experienced redemptions, while ICBC, the leading custodian, saw its market share drop by nearly 10 percentage points. In contrast, brokerage-affiliated firms bucked the trend, securing eight of the top ten spots for net inflows year-to-date.

cls.cnAug 18 11:12

Jiuzhou Pharma Redeems 160 Million Yuan in Cash Management Product

MT NewswiresAug 14 16:35

Major Banks Bolster Capital While Small and Medium-Sized Banks Sit Out: Issuance of Tier 2 Capital and Perpetual Bonds Surpasses RMB 1.3 Trillion Year-to-Date

As of August 11, commercial banks had issued over RMB 1.3 trillion in tier-2 capital bonds and perpetual bonds (hereinafter referred to as "tier-2 and perpetual bonds") this year. Of this amount, issuance of tier-2 capital bonds exceeded RMB 730 billion, while perpetual bond issuance surpassed RMB 580 billion. The six major state-owned banks collectively issued RMB 825 billion, accounting for more than 60% of the total market issuance. This surge is not merely a result of proactive financing in a low-interest-rate environment; rather, it is driven by several concurrent forces: narrowing net interest margins are eroding retained earnings, maturing debt is creating refinancing pressure, and Global Systemically Important Banks (G-SIBs) are facing deadlines to meet Total Loss-Absorbing Capacity (TLAC) requirements, all prompting banks to urgently replenish capital.

wallstreetcnAug 13 20:32

The large-denomination certificate of deposit market is witnessing a rare interest rate "scissors gap," with short-term rates falling below 1% while long-term rates rise against the trend, forcing banks to stretch their limits to preserve net interest mar

1. The average interest rate on large-denomination certificates of deposit (CDs) with short-to-medium tenors has declined significantly, primarily because banks are proactively reducing their funding costs amid historically low net interest margins. 2. With the net interest margin compressed to a historic low of 1.40%, banks are struggling to balance cost control and liability stability through differentiated strategies: lowering rates to reduce burdens on the short end of the yield curve, while capping volumes to lock in customers on the long end.

cls.cnAug 13 19:27