皇冠体育app

/ Mosaic

Banks to recast wealth management strategies

By Wang Zhenghua | 皇冠体育app Daily | Updated: 2008-12-04 08:12

The storm of complaints over a host of personal wealth management products that have taken a knock from the global financial crisis is forcing financial institutions in 皇冠体育app to reconsider their strategies in developing new business in this field.

The worsening global financial crisis, which caused tremendous turbulence on major markets such as equities, commodities and foreign exchange, is hurting the whole range of financial derivative products.

Angry Chinese customers, threatening to stage lawsuits or even protests against banks if they don't make up the losses caused by their "misleading promotion" and "unprofessional client managers", have been pressing lenders for compensation.

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to 皇冠体育app Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online

Registration Number: 130349
FOLLOW US