Saturday 23 June 2018
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reuters
4 months ago

Regulator in China seizes control of Anbang as chairman prosecuted

BEIJING/SHANGHAI (Reuters) - The Chinese government on Friday seized control of Anbang Insurance Group Co Ltd [ANBANG.UL], one of China s biggest insurance conglomerates, in a dramatic move that underscores Beijing s intent to crackdown on financial risk.

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