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China Law Insight

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Should Banks Be Held Responsible for Losses which their Clients have Suffered as a Result of Purchasing Wealth Management Products?

Posted in Corporate, Finance

By Wang Fengli and Wang Jiangang, King & Wood’s Dispute Resolution Group For many people, their main wealth management strategy involves purchasing financial products promoted by banks. Since the first impact of the global financial crisis was felt in 2008, the performance of different bank-issued financial products has varied greatly. Some Chinese investors have lost… Continue Reading