Bank of China USA

A recent article shines a spotlight on Wei Hu, President and CEO of Bank of China U.S.A., and his significant contributions to the bank’s success and global reach. Since taking the helm in April 2022, Mr. Hu has leveraged over 20 years of expertise within the Bank of China Group to drive growth, innovation, and sustainability across the U.S. branches. Under his leadership, Bank of China U.S.A. has not only expanded its role in facilitating major cross-border transactions, but also taken bold steps in green finance, with the issuance of $500M in Green Bonds and active involvement in key renewable energy projects. His commitment to innovation, through the adoption of advanced technologies like AI and machine learning, positions the bank as a leader in both risk management and RMB services in the U.S. market. Bank of China U.S.A. continues to serve as a vital bridge between China and the U.S., fostering economic development and collaboration across industries. Read more about Mr. Hu’s vision and the impact of Bank of China U.S.A.’s strategic initiatives in this in-depth article. #Leadership #Banking #Sustainability #Innovation #GreenFinance #CrossBorderBusiness #GlobalFinance

Highlights from Bank of China U.S.A.’s Premiere RMB Globalization Forum On Monday, Bank of China U.S.A. proudly hosted the RMB Globalization Forum in partnership with the Hong Kong Association of New York (HKANY) and supported by the Hong Kong Economic and Trade Office, New York and the China General Chamber of Commerce - USA (CGCC USA) - one of the Bank’s flagship events of the year. This event focused on strengthening U.S.-China business ties and brought together leading experts in trade, financial markets, and economics to discuss the internationalization of the Chinese currency, the Renminbi (RMB). The forum began with remarks from Mr. Wei Hu, President and CEO of Bank of China U.S.A., who highlighted China’s growing role on the world stage and the expanding use of RMB, as well as Bank of China’s expertise in RMB businesses. Maisie Ho, Head of the Hong Kong Economic and Trade Office in New York, emphasized Hong Kong’s crucial role in connecting investors from Mainland China with global markets and facilitating multilateral capital flows. Keynote speakers Joseph Lupton, J.P. Morgan’s Global Economist, and Tom Orlik, Bloomberg’s Chief Economist, shared their policy research and their insights for the future. Mr. Lupton discussed risks associated with business sector vulnerabilities, including the health of the profit cycle, Europe’s ongoing supply shocks, and the implications of the upcoming U.S. elections. Meanwhile, Mr. Orlik offered an optimistic perspective on China’s long-term growth potential as a manufacturing and technology powerhouse, despite challenges in the real estate sector. The forum also featured a panel moderated by Martin Maciak, the Head of U.S. Client Relationships for Financial Institutions at Bank of China U.S.A., Mr. Maciak began the panel by summarizing Bank of China's RMB and cross-border business development capabilities both in the U.S. and globally. Following this, he moderated a panel discussion featuring Renata Vilanova Lobo from J.P. Morgan, Robert Savage from BNY, Li Li from Neuberger Berman, and Anson Law from Hong Kong Monetary Authority in New York. The panel explored a variety of topics, including the diversification of global trade flows, the opportunities in the RMB onshore and offshore markets, and investors' confidence in long-term investments of Chinese financial assets. Thank you to all participants for making the forum such a resounding success! #RMBGlobalization #BankOfChina #USChinaRelations #FinancialMarkets #Renminbi #GlobalTrade #InternationalFinance #Investment #EconomicGrowth

We are proud to have supported the "Letters in the Clouds: My Story with China" event, celebrating the 75th anniversary of the People's Republic of China in New York. Hosted by China Media Group 中传公关, the event highlighted cultural exchanges between China and the U.S. and featured stories of friendship and collaboration across borders. As Hu Wei, President of Bank of China U.S.A., emphasized, fostering cultural and people-to-people exchanges is vital for mutual understanding between our nations. We’ve long been committed to supporting such initiatives, from sponsoring cultural tours to student exchange programs that deepen connections between U.S. and Chinese youth. Bank of China will continue to serve as a bridge between our two nations, contributing to the promotion of cultural understanding, and we look forward to more opportunities to strengthen these ties in the future. Read more here: https://lnkd.in/eVzRN7nK #USChinaRelations #CulturalExchange #BankOfChina #PeopleToPeople

Last week, Bank of China, in partnership with the China General Chamber of Commerce - USA (CGCC) and Littler, hosted a half-day forum titled "Moving Forward: Employment Law Strategies in 2024 and Beyond." We were thrilled to welcome over 100 attendees, including CGCC members and special guests, for a deep dive into pressing employment law issues impacting our industry. Our CEO, Mr. Wei Hu, kicked off the event with inspiring remarks, while Mr. Alan Wong, Managing Director and Head of the Human Resources Department, introduced a robust program led by expert lawyers from Littler Mendelson and featured insights from Stephanie Webster, General Counsel of the Institute of International Bankers. Key topics included: -         Navigating the New (Post-COVID) Normal -         Key Employment Law Updates -         Discrimination, Harassment, & Whistleblowing -         Cybersecurity Challenges -         2024 Employee Benefits Update -         Immigration Insights for Employers -         The DEI Evolution -         The Employment Value Proposition Attendees left with valuable strategies and insights, all while enjoying a delicious lunch of Chinese delicacies with a beautiful view of Bryant Park. A heartfelt thank you to our partners at CGCC and Littler Mendelson for your unwavering support. We look forward to future events and continued engagement with our community! If you’re interested in an exciting career in the banking industry at the forefront of U.S.-China relations, check out our job listings page: https://lnkd.in/gFysUu4J #BankofChina #EmploymentLaw #CGCC #LittlerMendelson #DEI #HRinBanking #CareersinBanking

Exciting update from Bank of China U.S.A.! We just wrapped up our Internal Badminton Team Tournament Finals, and the energy was incredible! With 35 participants from 14 departments, eight teams competed fiercely last week, and four advanced to the finals. The court was buzzing with skill, teamwork, and determination as each match kept us on the edge of our seats. The final matches were nothing short of thrilling, with cheers and applause ringing out as teams battled for the top spot. President Hu had the privilege of presenting the awards to our standout players—congratulations to all! More than just a tournament, this event brought our employees together, building interdepartmental connections, strengthening teamwork, and fostering a spirit of collaboration. Here’s to many more events that celebrate both competition and camaraderie! #TeamworkInAction #EmployeeEngagement #BadmintonSpirit

Bank of China USA Celebrates the Mid-Autumn Festival This week, Bank of China USA was thrilled to host a festive gathering in honor of the Chinese Mid-Autumn Festival. As one of the most cherished celebrations in China, the Mid-Autumn Festival is a time of joy and unity, that falls on the 15th  day of the eighth month in the Chinese lunar calendar when the moon is believed to shine its brightest.   With origins steeped in over 3,000 years of myth and legend, the festival is linked to moon worship, family reunions, and gratitude for the harvest. It recounts the tale of Chang’e, who became the moon goddess. Traditionally, Families come together to appreciate the full moon and indulge in mooncakes, symbols of togetherness and happiness.   To honor this special tradition, the Bank of China USA treated all employees to traditional Chinese mooncakes. By celebrating such a rich cultural event, Bank of China embraces the joy of these traditions and the shared moments they bring.

Bank of China U.S.A. is excited to announce the launch of our 2025 Campus Recruitment! We are hiring for 45 entry-level positions across our New York, Queens, and Los Angeles branches. Looking for an exciting career in global banking? Join a team that connects the two largest economies in the world, offering global expertise with a local touch. At Bank of China U.S.A., we pride ourselves on fostering a culturally diverse and inclusive environment where your career can thrive. To be eligible, your graduation or expected graduation date must fall between January 1, 2024, and July 31, 2025. Please note, applicants may only apply for one position at a time within our U.S. branches. For more information on available roles, visit our career site: https://lnkd.in/gARi5Run You can also join our talent community to receive updates: https://lnkd.in/eJewi6Ck In addition to online applications, we will be hosting in-person recruiting events at Boston University, Boston College, Rutgers University, Columbia University, New York University, UCLA, and UC Irvine. We look forward to connecting with you there! #CampusRecruitment #FinanceCareers #HiringNow #CareerOpportunities #JoinOurTeam #BankOfChinaUSA

On August 16th and 19th, Bank of China New York Branch proudly hosted the 7th annual “China-U.S. Financial Cooperation Seminar.” With over 130 representatives from various banks, exchanges, and insurance companies across Greater China, as well as BOC representatives, the events in Beijing and Shanghai fostered dynamic discussions and insights. The seminar offered a unique opportunity for sharing BOCUSA’s expertise in risk and strategic communication, addressing critical issues and exploring new business opportunities.  We look forward to hosting more events, providing our clients with valuable market insights, and continue strengthening commercial ties between the United States and China. https://lnkd.in/eP5qVHgx #FinancialCooperation #RiskManagement #USChinaRelations #GlobalFinance #BankingIndustry #MarketInsights

Bank of China USA was proud once again to have sponsored this last weekend’s Hong Kong Association of New York's annual Dragon Boat Festival. Our BOCUSA Dragon Boat Teams had an amazing performance showcasing remarkable resilience, coordination, and determination. Our EVP Shijing Li had the honor of participating in the opening ceremony, highlighting our commitment to cultural heritage and community engagement. The festival, which attracted close to 200 teams and 40,000 spectators, was a vibrant celebration of strength, endurance, and teamwork. In addition to the thrilling races, we hosted a fun-filled picnic for our employees and their families. This gathering underscored our values as a Chinese institution operating in the U.S., allowing us to honor, celebrate, and share our rich cultural heritage right here in New York City. Congratulations to the BOCUSA Dragon Boat Team Members for an outstanding effort throughout all summer trainings and their excellent top 3 finish in the Corporate Invitational Final race and 3rd Place in the 250m Regular Mixed race. Let's continue to embrace and promote cultural exchange and community spirit! https://lnkd.in/efBUKQWf #DragonBoatFestival #BankOfChinaUSA #CulturalHeritage #CommunityEngagement #TeamBOC

Bank of China U.S.A. is excited to return to the Chinese Yuan market. Our New York Branch recently achieved a major milestone by successfully issuing CNH 1 billion in 2-year and CNH 2 billion in 3-year dual-tranche fixed-rate senior unsecured notes. This marks our first-ever dual-tranche CNH notes issuance, which garnered strong participation from investors in Europe, the Middle East, and Asia, with the order book peaking at CNH 12.4 billion. As a global leader and the first official RMB clearing bank in the United States, BOC U.S.A. is dedicated to promoting the internationalization of the RMB. We will continue to strengthen our presence in the offshore RMB market and leverage our expertise in foreign exchange and trade, along with providing our clients in the U.S. with specific and tailored RMB products and services. We extend our heartfelt thanks to all our partners and investors for their support. Please see below for more information about the Bank’s approved US RMB products and services. https://lnkd.in/eBF6y35Z #BankofChina #BOCUSA #Finance #GlobalMarkets #RMBInternationalization #BOC #Investment #CNH #BondIssuance