China fines 12 banks over illegal bill trading, fraud
26 Jan China fines 12 banks over illegal bill trading, fraud
Posted at 15:41h
in
News
by KMFSLLP
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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