Markets
Thursday, 6/25, 06:36 AM
Bank of China, AgBank Shares Slide After State Audit Flags Tax and Loan Breaches
- Shares of two of China's biggest state banks fell after the national auditor said Bank of China avoided about 2.37 billion yuan in taxes through a fund scheme and that Agricultural Bank of China made 11.1 billion yuan in improper loans — a rare public rebuke of the country's largest lenders.