Liu Liange is accused of approving illegal loans, taking bribes and accepting entertainment at private clubs and ski resorts
The country's biggest lender, the Industrial and Commercial Bank of China, and the Bank of China posted profit growth of just 1.2% and 0.78%
The Bank of Communications, Bank of China, Agricultural Bank of China, China Construction Bank and Industrial and Commercial Bank of China all posted positive results
China's financial and banking regulatory officials also promised to rein in financial risks and deleverage the economy
China's $20 trillion bond market has suffered continuous foreign outflows since February amid rising geopolitical tension and lingering Covid outbreaks
Fund will focus on clean energy, green tech and pollution controls; President Xi Jinping has pledged to make China carbon neutral by 2060
Regulators are worried big swings in commodity prices, driven by post-pandemic demand recovery, liquidity easing and speculative trading, are far too risky for its major banks and small-scale investors
(ATF) Bank of China has debuted China’s Yulan bonds, a new debt product that...