Quest for capital intensifies at banks

Mainland banks have a huge capital gap that they will be unable to rely on profits to fill but will have to tap the markets more heavily instead in the next few years.

The banks, the lending business of which contributes the bulk of their earnings, face pressure to meet raised capital adequacy requirements under regulations that took effect this year, accounting giant PwC said in a report yesterday.

via Business feed http://www.scmp.com/business/banking-finance/article/1234105/quest-capital-intensifies-banks