A bond market
regulator in China warned Citic Securities and
Industrial Bank on Friday against charging bond
underwriting fees way below normal levels in the market, calling
this "improper competitive behaviour".
Sumitomo Mitsui Financial Group
, Japan's second largest lender by assets, reported on
Friday a smaller than expected full-year net profit and flagged
450 billion yen ($4.20 billion) of credit-related costs this
year amid the coronavirus outbreak.