China's central bank said on Thursday it expects to reduce the number of high-risk banks from 316 to under 200 by 2025, as the country tries to defuse risks and seek stability

The country's banking regulator has agreed that Baoshang Bank, which was taken over by the central bank in mid-2019, should start bankruptcy proceedings

(ATF) A rolling thunderstorm of bond defaults has triggered a wave of bond cancellations, as a tumultuous market...