On July 26, 2013, Alon wrote a public letter to Israeli Prime Minister Benjamin Netanyahu urging Israel's cooperation in a lawsuit brought against the Bank of China by the parents of an American teenager killed in a 2006 terrorist attack.
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Guangdong Nuclear's fund, the first industrial fund set up by a state-owned enterprise with approval from the State Council signed the fund-raising agreement with Bank of China, China Development Bank and other institutions, which will become shareholders in the fund.
In 1935, the Central Government enacted currency reforms to limit currency issuance to four major government controlled banks: the Bank of China, Central Bank of China, Bank of Communications and later the Farmers Bank of China.
In October the same year, the Government sold 10% of the company's issued share capital to each of the three note-issuing banks in Hong Kong (total 30%), namely The Hongkong and Shanghai Banking Corporation Limited, the Standard Chartered Bank (now Standard Chartered Bank (Hong Kong)), and the Hong Kong Branch of the Bank of China (now Bank of China (Hong Kong)).
K. P. Chen initially became close to Chang Kia-ngau when he became a private financial consultant to the Bank of China at the time between leaving the Kiangsu Provincial Bank and the founding of the Shanghai Commercial and Savings Bank.
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In 1916, both K. P. Chen and Li Ming stood up for Chang Kia-ngau and accused the government of wrongfully issuing the order when Chang's Bank of China's Shanghai office got into trouble for refusing to obey the governments order to suspend banknote remittance.
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Probably because of his tiny initial capital, K. P. Chen received a long term interbank deposit of 50,000 Yuan from Chang's Bank of China as reserve capital encouraging close cooperation between the two banks.
A number of banks with international subsidiaries in countries with large emigrate Chinese population, such as Bank of China and HSBC, operated schemes to allow expatriates to open Hong Kong based accounts for the purpose of collecting their money without returning to Hong Kong.