British media reported that a senior banker in Nomura Holdings has been banned from leaving China, which may be related to investigating the founder of Huaxing Capital Bao Fan.
The Financial Times Monday (September 25) quoted three insiders that Wang Zhonghe, the chairman of Nomura China Investment Bank, was banned from exiting the country, but he was not detained and he could still travel in China.
According to the report of the Daily Economic News last August, Wang Zhonghe has been engaged in the financial industry for nearly 30 years, of which more than 20 years have been engaged in investment bank -related businesses.Before joining Nomura in 2018, he worked in ICBC International, Sino -German Securities, German Banks and Merrill Lynch.
The Financial Times reported that Wang Zhonghe's outbound ban was related to the overlap of his work with the former chairman of Huaxing Securities during the period of ICBC.
According to Caixin.com, the former chairman of Huaxing Securities was taken away by the relevant departments in early September last year.The jungle joined the Industrial and Commercial Bank of China in 1990 and worked for more than 20 years. He successively worked in the Ministry of Credit, Sales Department, and International Business Department.He served as chairman and chief executive officer of ICBC International Holdings in 2016.
According to the information of its leadership, Wang Zhonghe worked at the ICBC International from 2011 to 2016.
The official has not disclosed the investigation news or results of the jungle so far.After the jungle was taken away, another senior management of Huaxing, the founder Bao Fan was also taken away in early February. Huaxing announced on August 9 that Bao Fan was still investigating the relevant agencies.
Caixin.com reported that during the period of the Jungle International ICBC International as the chairman and president, in October 2017, a loan of $ 200 million (S $ 270 million) was approved to Huaxing Capital in October 2017.EssenceShortly after the loan was repaid, the jungle should be invited to join Huaxing.
