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Z-Bank. Photo: IC Photo
State-backed Hankou Bank will absorb the Wuhan-based lender whose private corporate founders are mired in debt
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Z-Bank. Photo: IC Photo

Wuhan Z-Bank becomes latest target due to 'severe credit risks'

China's NFRA seized control of Wuhan Zhongbang Bank over severe credit risks, continuing Beijing's pattern of intervening in…

Wealth product defaults at state-approved exchange trigger government intervention and investigation into issuer Sunriver as…

Regulators intervened over concerns of aggressive expansion and credit risks, underscoring vulnerabilities in some smaller…

The disappearance of Tianfu Bank’s chief underscores the bad debt burden inherited by its state owners

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