China's Citic Bank defrauded of up to $148 million
Mid-sized Chinese lender Citic Bank has been defrauded of up to USD 148 million, the company and media reports said, the second such incident in the industry to come to light in a week.
Jan 29, 2016, 15:08 PM ISTChina search giant Baidu plans to open online bank
China's main search engine Baidu plans to launch an online bank with financial services group Citic, the two companies said today, as the Internet firm seeks to compete with rivals moving into banking.
Nov 18, 2015, 17:57 PM IST