Mao Xiaofeng resigned as president of China Minsheng Banking Corp for 'personal reasons'. Photo: Reuters

Former Minsheng Banking chief Mao Xiaofeng 'had links to wives of fallen leaders'

Insurer amassing stake in lender insists it has no intentions beyond being an investor in the bank

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Mao Xiaofeng resigned as president of China Minsheng Banking Corp for 'personal reasons'. Photo: Reuters
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