Market Chatter: China Merchants Bank's Kunming Branch Gets 2.6 Million Yuan Fine

MT Newswires Live

2025/01/29

China Merchants Bank's (SHA:600036, HKG:3968) Kunming branch received a fine of 2.6 million yuan from the Yunnan Financial Regulatory Bureau for several violations, The Paper reported.

These include inaccurate supervision data, illegal fee collection, poor loan and guarantee management, improper accounting in interbank investments, and inadequate risk management in wealth management, according to the report.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0543330566.HKD","symbol_name":"TEMPLETON BRIC \"A\" (HKD) ACC","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2507850808","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2507850808","pubTimestamp":1738125666,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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