Econ and Finance - 08 Jul 2020

Banks struggle to get WMPs in order

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On Tuesday, the China Fortune Management 50 Forum and the Tsinghua University PBC School of Finance, supervised by former central bank vice president Wu Xiaoling, published a report urging regulators to give banks more time to get it together re: asset management.

Some context: In April 201...

Snuh-ohez.

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