CBA's China headache

Commonwealth Bank's one-fifth-owned Chinese lender, Qilu Bank, is reported to have been embroiled in a government crackdown on illegal bond trading. An executive from the regional lender was one of three people arrested last week by Chinese authorities as part of an investigation into "skimming" of client profits, according to reports.

By InvestSMART · 23 Apr 2013

By InvestSMART ·
23 Apr 2013

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Commonwealth Bank's one-fifth-owned Chinese lender, Qilu Bank, is reported to have been embroiled in a government crackdown on illegal bond trading. An executive from the regional lender was one of three people arrested last week by Chinese authorities as part of an investigation into "skimming" of client profits, according to reports.

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CBA's China headache

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