Officials of China Minsheng Bank’s Hangtianqiao branch in Beijing sold investments products to customers that did not even exist. Photo: EPA

China Minsheng Bank handed fine in fake wealth management products case

China Banking Regulatory Commission said the case exposed lax internal control and risk management at the Beijing-based lender

Topic |   Banking & Finance

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Officials of China Minsheng Bank’s Hangtianqiao branch in Beijing sold investments products to customers that did not even exist. Photo: EPA
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