China said to mull wave of bank mergers to boost stability

China said to mull wave of bank mergers to boost stability

Shanghai, China. Photo by Merlin Kraus on Unsplash

Chinese authorities are considering a sweeping package of measures to shore up smaller lenders, escalating efforts to contain one of the biggest risks facing the world’s largest banking system.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter