for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up
Financials

Hengfeng Bank ex-chairman sentenced to death with two year reprieve

BEIJING, Dec 26 (Reuters) - The former chairman of China’s troubled Hengfeng Bank, Jiang Xiyun, was sentenced to death with two year reprieve for graft, the local court said on Thursday.

The Shandong-based bank is in the midst of a restructuring led by the authorities.

Reporting by Judy Hua, Lusha Zhang and Ryan Woo; editing by Jason Neely

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up