Banks fined big as China’s bond yields plunge, reflecting resolve of central bank

Three institutions are slapped with multimillion-dollar penalties for bypassing regulatory requirements – the first such action taken after PBOC warnings this year.

Dec 30, 2024 - 18:45
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Banks fined big as China’s bond yields plunge, reflecting resolve of central bank
Three institutions are slapped with multimillion-dollar penalties for bypassing regulatory requirements – the first such action taken after PBOC warnings this year.

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