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One of China's top bankers steps down after his brother, known as the "broker butcher," becomes the country's chief markets regulator. https://t.co/TZATN9Mkcq
Exclusive: Banking veteran Zhang Shouchuan is set to become a vice president at ICBC, as the world’s largest lender continues to reshuffle its top brass. https://t.co/DhjkUUH9P1
CICC’s Wu Bo has stepped down as president of the investment bank five months after he took up the position. He has also resigned from his role as CFO. https://t.co/8X2zHa4bDz
Wu Bo, the president of China International Capital Corporation (CICC), has resigned from his position five months after taking office. His departure comes two months after his brother was appointed as the head of China's top markets regulator. Wu Bo also stepped down from his role as Chief Financial Officer (CFO) at CICC.