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Huishang Bank Senior Executive Probed for Suspected Links to Baoshang Bank, Sources Say

Huishang Bank Senior Executive Probed for Suspected Links to Baoshang Bank, Sources Say
A senior executive at
Huishang Bank Corp. Ltd. is being investigated as part of a probe that may be linked to the lender’s huge investment losses, including those involving failed regional lender Baoshang Bank Co. Ltd., sources told Caixin.
Xia Min, who is an assistant to the eastern Chinese lender’s president, was detained for questioning by the country’s anticorruption watchdog on Thursday, sources close to the Anhui province-based bank told Caixin on condition of anonymity. Authorities have yet to disclose why Xia is under investigation. ....

Inner Mongolia , Nei Mongol , Gao Yang , Xiao Jianhua , Luo Meihan , Anhui Foreign Economic Construction Group Co , Holding Co , Baoshang Bank Co , Huishang Bank Corp , Huishang Bank , Baoshang Bank , Hong Kong Listed Huishang , Anhui Foreign Economic Construction , Inner Mongolia Based , Tomorrow Holding , உள் மங்கோலியா , னே மங்கோல் , கொ யாங் , அன்ஹுய் வெளிநாட்டு பொருளாதார கட்டுமானம் குழு இணை , வைத்திருத்தல் இணை , அன்ஹுய் வெளிநாட்டு பொருளாதார கட்டுமானம் , உள் மங்கோலியா அடிப்படையிலானது , நாளை வைத்திருத்தல் ,

Provinces Kick Off Local Bank Bailouts With Initial $7.8 Billion Injection

Provinces Kick Off Local Bank Bailouts With Initial $7.8 Billion Injection
China’s local governments have been charged with cleaning up the problems at banks under their jurisdiction.
China’s strategy to beef up weak local banks and provide them with funds to increase lending has taken a step forward with five provincial governments raising 50.6 billion yuan ($7.84 billion) over the past month through the sale of special-purpose bonds (SPBs) after the State Council gave the policy the
Guangdong kicked off the fundraising on Dec. 7 with the sale of a 10 billion yuan SPB. Zhejiang and
Shanxi provinces, and the autonomous regions of Guangxi Zhuang and Inner Mongolia have also sold debt, bond filings show. ....

China General , Inner Mongolia , Nei Mongol , Nerys Avery , Zhou Liang , Guo Yingzhe , Guangxi Zhuang , Baoshang Bank Co , Ordos Bank Co , Mongolia Co , Insurance Regulatory Commission , Guangdong Yuecai Investment Holding Co , State Council , China Banking , Deepening Reform , Baoshang Bank , Ordos Bank , Guangdong Yuecai Investment Holding , சீனா ஜநரல் , உள் மங்கோலியா , னே மங்கோல் , ஜூ லியாங் , ஒர்டோஸ் வங்கி இணை , மங்கோலியா இணை , காப்பீடு ஒழுங்குமுறை தரகு , நிலை சபை ,

Ex-Banking Official Accused at Trial of Taking Record Amount of Bribes

Ex-Banking Official Accused at Trial of Taking Record Amount of Bribes
What’s new: Song Jianji, a former deputy head of the now-defunct China Banking Regulatory Commission’s (CBRC) Inner Mongolian branch, stood trial Tuesday in the autonomous region’s capital Hohhot, according to a
statement (link in Chinese) issued by a local court.
Song is accused of taking bribes in exchange for help worth more than 229 million yuan ($35 million) between 1995 and 2017 when he worked at the regional branches of the central bank and the CBRC. A record sum for a corruption case in the banking regulatory system, as far as is publicly known, bribes were offered for assistance including loan extensions, loan interest reductions and administrative approvals, said the statement. Song had “no disagreement” with the prosecutor’s charges, the court said. ....

Inner Mongolia , Nei Mongol , Xiao Jianhua , Xue Jining , Baoshang Bank Co , China Banking Regulatory Commission , Insurance Regulatory Commission , Song Jianji , Inner Mongolian , China Banking , Baoshang Bank , உள் மங்கோலியா , னே மங்கோல் , கிஷுே ஜினிங் , சீனா வங்கி ஒழுங்குமுறை தரகு , காப்பீடு ஒழுங்குமுறை தரகு , உள் மங்கோலியன் , சீனா வங்கி ,

Why China's Debt Defaults Are More Alarming This Time

Why China's Debt Defaults Are More Alarming This Time
washingtonpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from washingtonpost.com Daily Mail and Mail on Sunday newspapers.

Yongcheng Coal Electricity Holding Group Co , Tsinghua Unigroup Co , Baoshang Bank Co , Kangde Xin Composite Material Group Co , Pacific Investment Management Co , China Securities Regulatory Commission , Tewoo Group , Brilliance Auto Group Holdings Co , China Evergrande Group , Baoshang Bank , Yongcheng Coal , President Xi Jinping , Pacific Investment Management , பெஸிஃபிக் முதலீடு மேலாண்மை இணை , சீனா பத்திரங்கள் ஒழுங்குமுறை தரகு , புத்திசாலித்தனம் ஆட்டோ குழு ஹோல்டிங்ஸ் இணை , பெஸிஃபிக் முதலீடு மேலாண்மை ,