The move is the latest attempt to ensure stability and prevent risks from indebted institutions deemed ‘too big to fail’ from overflowing into the rest of the financial system

Baoshang Bank takeover puts the spotlight on fund’s small size, vague responsibilities, and lack of independence from central bank

Seizure of troubled lender by regulators signals China is on the path to setting up its own Federal Deposit Insurance Corp., says Caixin Media managing editor

U.S. policy makers should learn from China in tightening regulations to curb financial risks, former federal regulators say