Legal
China Minsheng Bank handed fine in fake wealth management products case
China Minsheng Banking Corp has been fined 27.5 million yuan (US$4.2 million) in the fake wealth management products case that exposed lax internal control and risk management at the lender, according to the China Banking Regulatory Commission. A total of 13 bank employees were fined for selling wealth management products…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: South China Morning Post