All posts - Tag: ICBC

All posts - Tag: ICBC

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Potential Ransomware Attack on China's Largest Bank Raises Concerns for US Treasury Market

A ransomware attack on the US unit of China's largest bank, ICBC, caused system disruptions, potentially impacting liquidity in US Treasuries This incident may have contributed to a brief market sell-...

Investigation by China's corruption watchdog into former ICBC banker signals ongoing clampdown

Former ICBC banker Zhang Hongli is under investigation by China's corruption watchdog for suspected serious violations of rules and laws The Central Commission for Discipline Inspection is probing the...