trending Market Intelligence /marketintelligence/en/news-insights/trending/xbEDMrtPP6kui-hh0HiWgw2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Former China Development Bank official sentenced to jail for graft

Street Talk Episode 68 - As many investors zig away from bank stocks, 2 vets in the space zag toward them

Street Talk Episode 66 - Community banks tap the debt markets while the getting is good

Street Talk Episode 67 - Veteran investor tabs Mick Mulvaney to help with latest financial stock-focused fund

Street Talk Episode 65 - Deferral practices trap US bank portfolios in purgatory

Former China Development Bank official sentenced to jail for graft

A former China Development Bank Corp. senior official was sentenced to 14 years in prison and fined 3.5 million yuan for accepting bribes, Reuters reported Aug. 5, citing China's anti-graft watchdog.

The Central Commission for Discipline Inspection said Yao Zhongmin, former head of the supervisory board at the development bank, accepted 36.2 million yuan in bribes between 2002 and 2013. The bribes were made in exchange for help with loans and other contract work, the commission said.

Yao, who was placed under investigation in 2016, was given a lighter sentence due to his admission of guilt and cooperation in disclosing the location of the proceeds of the bribes.

China has been stepping up efforts to curb corruption in the country, leading to a series of investigations into banking and regulatory officials. Recently, the country's banking regulator tightened rules that restrict regulatory officials and their relatives from joining banks to limit corruption risks.

As of Aug. 4, US$1 was equivalent to 6.72 Chinese yuan.