UPDATE 1-Chinese regulators will restructure Baoshang Bank as soon as possible
The Chinese government’s
takeover of Baoshang Bank has caused some pain but prevented
bigger financial and social instability, and regulators will
restructure the lender as soon as possible, a newspaper
affiliated to China’s central bank said on Sunday.
takeover of Baoshang Bank has caused some pain but prevented
bigger financial and social instability, and regulators will
restructure the lender as soon as possible, a newspaper
affiliated to China’s central bank said on Sunday.
Posted by Reuters
