ABU DHABI / WAM The 22nd edition of the Abu Dhabi International Hunting and Equestrian ...
Read More »China weighs setting up local bad-debt managers
Bloomberg China’s banking regulator is considering setting up new regional bad-debt managers to help clean up risks after the failure of thousands of peer-to-peer lending platforms, according to people with knowledge of the matter. Companies in Shanghai, Zhejiang and Shenzhen have submitted applications to set up local asset managers dealing with bad loans, especially those from online lending platforms, said ...
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