Chinese Insurer Tainted By Derivatives Link
Chinese insurer Ping An Co. of China has revealed a devastating profit loss of 98% after its 5% stake in Fortis bank went bad.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts
