Sources have told Bloomberg that Chinese regulators led by the country’s central bank are set to initially shortlist at least 50 of the country’s largest lenders, insurers and brokerages as possible ‘systemically important financial institutions’. Photo: AP

China eyes major expansion of its ‘too-big-to-fail’ rules

Sources say Chinese regulators led by the country’s central bank are set to initially shortlist at least 50 of the country’s largest lenders, insurers and brokerages as possible ‘systemically important financial institutions’

Topic |   Banking & Finance

TOP PICKS

Sources have told Bloomberg that Chinese regulators led by the country’s central bank are set to initially shortlist at least 50 of the country’s largest lenders, insurers and brokerages as possible ‘systemically important financial institutions’. Photo: AP
READ FULL ARTICLE