KM Financial Solutions | China fines 12 banks over illegal bill trading, fraud
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China fines 12 banks over illegal bill trading, fraud

China fines 12 banks over illegal bill trading, fraud

BEIJING, Jan 27 (Reuters) – China’s banking regulator said
on Saturday that it had fined 12 Chinese lenders after
uncovering illegal trading of 7.9 billion yuan ($1.25 billion)
of bank bills.

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