BoA: Chinas Wealth Management Products Pose Systematic Risk


BoA: Chinas Financial Products Pose Systematic Risk The risk of a liquidity crisis in Chinas bank-run wealth management product (WMP) space, the biggest deposit base of Chinas shadow bank, is growing at an alarming rate according to Bank of America Merrill Lynchs February 29 report on the sector. According to figures from the Annual Report of