China's megabanks plan funding spree to plug capital shortfall- Bloomberg News

Kitco Media
By Reuters
Published:
Updated:
Reuters
April 14 (Reuters) - Industrial and Commercial Bank of China Ltd , along with its three closest rivals are planning to sell a new category of total loss-absorbing bonds in the domestic debt market as early as June, Bloomberg News reported on Friday.
(Reporting by Chandni Shah in Bengaluru; Editing by Muralikumar Anantharaman)

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