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Two China Banks Fined Over Wealth Management Violations

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China’s regulators slapped two banks with multi-million-yuan fines over violations of wealth-management rules, a media report said.   Bank of China and China Everbright Bank and their wealth management units were fined by China’s banking regulator over rules meant to rein in shadow-banking risks, according to a «South China Morning Post…

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Click here to read the full story: Finews.asia

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