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Private Banking 2022

Private Banking 2022
The latest news, analysis and opinion on Private Banking 2022. In-depth analysis, industry insights and expert opinion.
China economy

‘Could be huge’: why Henan bank scandal is more than a Chinese financial crisis

China’s central government must find ways to promptly repay the depositors or risk the effects of damaged public confidence, say scholars.

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Analysis | ‘Crisis of confidence’ in China’s banking system must be urgently addressed

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China’s banking-crisis victims promised money, but ‘it doesn’t solve problem’

A number of protesters remain in police custody, while others say distrust of Henan government is rife amid financial scandal, even as authorities vow to begin repayment of deposits up to 50,000 yuan (US$7,450) this week.

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