China’s top banking regulator has vowed to crack down on illegal fundraising activities by unscrupulous online brokers and warned investors to be wary of their schemes. Shang Fulin, chairman ... Read More
China’s central bank is preparing regulations that would allow commercial lenders to swap non-performing loans of companies for stakes in those firms, two people with direct knowledge of the ... Read More
European Union banks should shun virtual currencies such as Bitcoin until a system of rules to prevent abuses are put in place, according to the bloc’s top banking regulator. ... Read More
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