Chinese authorities are tightening the rein on the country’s systemically important financial institutions (SIFIs) that are "too big to fall" to prevent financial risks that may arise from the failure of any of these banks, insurance firms and financial institutions. The country’s de facto central bank People’s Bank of China, business activities supervisor China Banking […]

China To Tighten Norm On Financial Institutions Deemed As "Too Big To Fall" appeared first on China Money Network.