A new wave of anti-corruption probes has brought down senior officials and executives from the SSE, CSRC, CBIRC, ICBC and Everbright Bank.
December 10, 2021The two ex-bankers have relaxed risk controls and used customised rules to facilitate loan approvals for certain borrowers in exchange for bribes.
November 8, 2021Prosecutors said Gu Guoming took advantage of his position to help others obtain loans and project contracts, and illegally received bribes worth over 136 million yuan.
July 8, 2020Gu Guoming was reportedly found to have been involved in ‘serious corruption’, taking “an extremely large amount” of bribes and using his position to seek benefits for friends and relatives.
November 21, 2019Chinese investigators are said to be targeting Liu's affiliates for suspicious dealings involving investments in high yield wealth management products provided by ICBC Shanghai.
July 17, 2019Regulators have reportedly found ICBC's Shanghai branch deputy head to be in violation of regulations related to fundraising and buying wealth management products.
July 9, 2019The appointment took employees by surprise on Friday as it was announced by an anti-corruption body official installed at ICBC rather than by the bank's own chief.
June 12, 2019The statement from the Chinese Communist Party's anti-corruption body did not provide details the alleged misconduct.
June 8, 2019