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China Mega Banks, Insurers Seek at Least $53 Billion in Capital
2 outlets - including Yahoo and Bloomberg - are covering this story. China’s biggest banks and insurers are seeking at least 357 billion yuan ($53.2 billion) capital boost, with the Ministry of Finance footing more than 80% of the bill, as Beijing moves to shore up balance sheets and sustain growth in a slow…
Covered by 2 outlets
All coverage · 2 articles
Yahoo Finance News
·Sep 6, 10:27 UTC
China Mega Banks, Insurers Seek at Least $53 Billion in Capital
Bloomberg Markets
·Sep 6, 08:34 UTC
China Mega Banks, Insurers Seek at Least $53 Billion in Capital
China’s biggest banks and insurers are seeking at least 357 billion yuan ($53.2 billion) capital boost, with the Ministry of Finance footing more than 80% of the bill, as Beijing moves to shore up balance sheets and sustain growth in a slow…