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Olduvai III: Catacylsm
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Chinese Bank On Verge Of Collapse After Sudden Bank Run

Chinese Bank On Verge Of Collapse After Sudden Bank Run First it was Baoshang Bank , then it was Bank of Jinzhou, then, two months ago, China’s Heng Feng Bank with 1.4 trillion yuan in assets, quietly failed and was just as quietly nationalized. Today, a fourth prominent Chinese bank was on the verge of collapse under the weight […]

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Chinese Bank With $100 Billion In Assets Is Bailed Out

Chinese Bank With $100 Billion In Assets Is Bailed Out Step aside Baoshang Bank, it’s time for Chinese bank bailout #2. Last Thursday, when reporting on the imminent failure of yet another Chinese bank in the inglorious aftermath of Baoshang Bank’s late May state takeover, we dusted off a list of deeply troubled Chinese financial institutions that […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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