The incident reportedly took place in Odessa, with witnesses saying the restrained individual had been …
Read More »China takes latest step to shore up finance, 3 years after rural banking scandal
Authorities in Henan province, central China, have approved the merger of 82 small rural financial institutions into a single regional lender, in an effort to contain systemic risks in a region once at the centre of a major banking scandal. Approved by the Henan office of the National Financial Regulatory Administration (NFRA), the consolidation will see Henan Rural Commercial Bank …
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