Hong Kong-based Bank of East Asia says the subsidiary has since rectified the issues, noting that it ‘places high emphasis on compliance’

First-half results hurt by $639 million impairment charge related mostly to real estate slowdown’s effect on four loans

The biggest moves in China’s financial sector — plus Ford’s latest China head, dodgy dairy chiefs, and two new vice governors for Shaanxi

David Kwok Po Li, involved in market-abuse investigation in Spain, sits on several boards as nonexecutive director