In the News: China Eases Bank Shareholding Restrictions; Brazil Geely Injunction; and U.S. AI Framework

Chinese financial regulator considers allowing major investors to hold stakes in additional banks to boost capital. | Brazilian preliminary injunction bans Geely from patent dispute-related activities. | Envisioned U.S. national AI framework could put pressure on Chinese AI services.

By Jeffrey Tse

In the News: China Eases Bank Shareholding Restrictions; Brazil Geely Injunction; and U.S. AI Framework

Capital Boost for Banking Sector

China's National Financial Regulatory Administration (NFRA) is considering easing shareholding restrictions for major investors to broaden capital raising options for commercial banks amid economic pressures, according to people familiar with the matter.

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