09 Mar China steps up scrutiny of bank shareholders
BEIJING, March 10 (Reuters) – China’s banking regulator has
ordered shareholders that have acquired more than five percent
stakes in commercial banks through the use of financial products
like insurance and asset management schemes to reduce their
holdings within a year.
ordered shareholders that have acquired more than five percent
stakes in commercial banks through the use of financial products
like insurance and asset management schemes to reduce their
holdings within a year.
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