Tags: China

South Korea's banks, whose average returns on equity are the worst among lenders in Asia and are less than half of their Chinese peers, are poised to benefit from a promised move by the country to ease heavy-handed regulation.

A crackdown on inside trading in China since the second half of last year has resulted in 39 suspects from over 20 financial institutions being handed over to police, the China Securities Regulatory Commission (CSRC) said on Friday.

The People's Bank of China (PBOC) is weighing changing rules governing how loan-to-deposit ratios are calculated at banks, a move that would boost liquidity conditions, sources with direct knowledge told Reuters.