For China's Banks, Wealth Management Booms Along with Risk Concerns
Banks compete to offer higher rates while regulators and analysts warn about transparency and maturity mismatches.
Eric Johnson
August 5, 2013
Pedestrians walk past a China Everbright Bank Co. branch in Shanghai, China, on Wednesday, Aug. 18, 2010. China Everbright Bank Co. rose as much as 19 percent on its debut in Shanghai after completing the nation's second-largest initial public offering this year, as the stock market recovers from a three-month slump. Photographer: Qilai Shen/Bloomberg
Qilai Shen/Bloomberg
