Anbang ordered to cut shareholdings in another two banks

November 24 2017 by

Anbang Insurance must cut its holdings of shares in China Minsheng Banking Corp and China Merchants Bank to no more than 5%, on instructions from regulators in China.

According to the China Insuran...

To continue reading the full article and get full access to the InsuranceAsia News platform, please enquire about a subscription.

Your company may already have a corporate license in place.

Already a Subscriber? Please Login

MORE FROM: Legal/Regulatory
Partner Content
  • FM Global | Resilience: No longer a choice

    As climate disclosure becomes mandatory and new risks emerge from natural hazards, understanding the tools that are available to build resilience is more important than ever.