Monday 26 June 2017
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China asks banks to suspend dealings with Anbang

BEIJING, June 15 (Reuters): Chinese authorities have asked banks to suspend business dealings with Anbang Insurance Group, Bloomberg reported on Thursday, a day after the insurer said its chairman had stepped aside, amid reports he had been detained. The Bloomberg report cited an unnamed source and did not give details on what type of business dealings authorities asked banks to suspend with Anbang. A spokesman for the insurer said Anbang Insurance Groupand#39;s products are still being sold through bank

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