China Authorities Investigated 104 Senior Managers from Financial Institutions in 2023 Including Bank of China, ICBC, China Development Bank, China Everbright Bank with ICBC Having the Most Individuals under Investigation with 10 4th January 2024 |
New China Life Insurance & China International Capital Corp CICC to Setup New $1.4 Billion Fund to Invest in Companies with Real Estate Assets 4th January 2024 | Hong Kong New China Life Insurance & China International Capital Corp (CICC) ha
$696 Billion United States Asset Manager AllianceBernstein Receives Approval for Mutual Fund Business in China, Joins 4 Foreign Asset Managers BlackRock, Fidelity, Schroders & Neuberger Berman in China 4th January 2024 | Hong Kong United States
China Central Bank Fines Insurer, Car Dealer & Their Senior Executives for Not Accepting Cash Payments from Customers, China Life Insurance Fined $26,700, General Motors Car Dealer Beijing Dashihang Auto Fined $7,000, Senior Executives Fined $1,400 Ea