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Hengfeng Bank
Hengfeng Bank
NEWS
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Cai Guohua, 55, was sentenced to death with a two-year reprieve after being convicted of abuse of power, corruption, embezzlement, bribery and illegal loan issuance
Nov.6 2020 19:53 PM
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Regulators’ master plan shifts part of responsibility for bailouts, mergers of smaller lenders into the hands of provincial-level authorities
Aug.28 2020 19:57 PM
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Nasdaq-listed Wuhan Kingold put up 83 tons of purported gold bars as collateral, but now lenders are finding at least some of it was just gilded copper
Jun.29 2020 06:03 AM
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Policymakers are planning to allow local governments to invest about 200 billion yuan to help risky lenders buckling under too much bad debt
Jun.17 2020 20:48 PM
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Cai Guohua’s long-delayed trial opens Tuesday on charges of abuse of power, corruption, embezzlement, bribery and illegal loan issuance
Jun.9 2020 06:10 AM
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Shandong government has agreed to buy half of the 60 billion shares that an investment firm plans to purchase in the lender’s upcoming 100 billion yuan private placement
Dec.30 2019 20:38 PM
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Jiang Xiyun plans appeal as three associates get prison sentences for their roles in bribery and illegal accounting involving more than $100 million
Dec.27 2019 04:22 AM
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Investment led by sovereign fund and Shandong government is part of regulators’ efforts to restructure troubled financial institutions to contain risks
Dec.19 2019 05:05 AM
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Financial regulator approves bookkeeping measure for lender to increase its registered capital
Oct.30 2019 21:08 PM
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Troubled Hengfeng Bank gets go-ahead for a restructuring plan that will see it receive investment from government-controlled entities
Aug.10 2019 18:26 PM
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Once a promising young official, Pu Bo’s appetite for power and money became his downfall
Dec.10 2018 05:39 AM
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Hengfeng Bank’s ex-chairman accused of transferring of bank shares to himself, relatives
Jul.23 2018 18:31 PM
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Shandong government, regulators install new leadership after year-long internal power struggle, embezzlement allegations
Nov.28 2017 19:53 PM