Hong Kong CNN —Zhang Hongli, a former senior executive at Industrial and Commercial Bank of China (ICBC), is being probed by China’s top anti-corruption watchdog, in a sign of a continuing crackdown in the country’s financial sector.
State-owned ICBC is one of China’s “Big Four” banks and the world’s largest lender by assets, according to S&P Global.
Prior to joining ICBC, Zhang worked at Deutsche Bank and Goldman Sachs, where he held senior management roles.
They include three top executives at the highest ranks of China’s financial world, who have either been probed or charged, according to the commission.
In October, Li was expelled from the Communist Party and arrested for allegedly taking bribes, according to Xinhua.
Persons:
Hong Kong CNN — Zhang Hongli, Zhang, Goldman Sachs, Bao Fan, Bao, Xi, Li Xiaopeng, —, Li, Liu Liange, Liu, “, Wang Bin, Wang
Organizations:
Hong Kong CNN, Industrial, Commercial Bank of China, Central Commission, P, Deutsche Bank, ICBC’s Communist Party, Xinhua, CNN, China, Communist Party, of China, China Life Insurance
Locations:
China, Hong Kong, ICBC, Xinhua