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Exclusive: Bank of China Mulls Payout to Investors Who Lost on Risky Oil Bets

2020年05月05日 21:05
T中
Under pressure from regulators, lender may repay most customers 20% of their investment, sources tell Caixin

Thousands of Bank of China Ltd. (BoC) customers who suffered heavy losses after last month’s collapse in oil prices torpedoed an investment they bought from the lender may get a partial bailout after a cabinet-level regulator publicly called for strengthened risk controls on financial products linked to international commodities.


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