The former president was abruptly removed from his post in April, after spending nearly nine years building CMB into China's top retail bank.
October 13, 2022A subsidiary of state-owned China Merchants Group has been granted a financial holding company licence.
September 13, 2022Officials from the MIIT, CBIRC and PBOC have been named in a fresh round of corruption investigations.
August 5, 2022The CBIRC is seen to be enforcing strict penalties in order to strengthen market discipline and improve internal control and governance at banks.
June 22, 2022Bank of China, China Everbright Bank, and their two wealth management subsidies were fined a total of almost CNY 15 million.
June 9, 2022Chiyu Banking Corporation, Chong Hing Bank, Fubon Bank, Shanghai Commercial Bank, and China Everbright Bank can launch WMC services.
January 28, 2022A new wave of anti-corruption probes has brought down senior officials and executives from the SSE, CSRC, CBIRC, ICBC and Everbright Bank.
December 10, 2021