Monday, January 18, 2021
Tags Bank of China Crude Oil Treasure

Tag: Bank of China Crude Oil Treasure

Bank of China under Investigation by CBIRC over $85 Million in Crude Oil Futures Losses

China's banking authority has announced the launch of an official investigation into one of the country's big state-owned lenders over heavy losses...

Bank of China Offers 20% Compensation Plan to Clients Burnt by Crude Oil Futures

Bank of China (BOC) has put together a compensation plan for clients of the state-owned lender who sustained heavy losses on its...

Bank of China Calls for CME Probe into Crude Oil Futures Debacle

One of China's big state-owned banks has called for US exchange operator CME Group to look into price fluctuations that led to...

Bank of China Investors Seek to Sue Bank over $85 Million in Crude Oil Losses

Hundreds of clients of big state-owned lender Bank of China (BOC) plan to sue the bank over $85 million in losses incurred...

Most Read

Chinese Central Bank Hails Eradication of P2P Lending, “Orderly Disposal” of High-risk Financial Institutions

The People's Bank of China (PBOC) has highlighted the removal of all of the country's P2P lending platforms in 2020 as part...

NDRC Flags Active Fiscal Policy, Increased Spending on New Infrastructure in 2021

China's chief planning authority has outlined a raft of its policy intentions for 2021, as the national economy continues to recover from...

China’s GDP Breaches 100 Trillion Yuan Threshold after Posting 2.3% Growth in 2020, Disposable Income up 4.7%

Official data points to growth of over 2% in Chinese GDP in 2020 despite the adverse economic impacts of the COVID-19 pandemic....

China Bans Banks from Selling Depository Products via Third Party Online Platforms

Beijing has issued a new directive which further steps up pressure on the sale of depository products via online fintech platforms, after...