Fears over China’s smaller banks trigger second bank run in less than two weeks
The government of a Chinese city
sought to assure depositors of a local bank’s financial health
on Wednesday in the wake of the country’s second bank run in two
weeks, triggered by fears over ill management and liquidity
issues at smaller lenders.
sought to assure depositors of a local bank’s financial health
on Wednesday in the wake of the country’s second bank run in two
weeks, triggered by fears over ill management and liquidity
issues at smaller lenders.
Posted by Reuters
