China’s banking regulator has denied it is considering a sweeping wave of mergers involving problematic small and midsize banks, saying it will not take a “one-size-fits-all” approach to tackling the risks facing the world’s biggest banking system.
China’s banking regulator has denied it is considering a sweeping wave of mergers involving problematic small and midsize banks, saying it will not take a “one-size-fits-all” approach to tackling the risks facing the world’s biggest banking system.