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Goldman, Citi Drop Chinese Peer-to-Peer Lenders After Crackdown

Goldman, Citi Drop Chinese Peer-to-Peer Lenders After Crackdown
Bloomberg Bloomberg
(Sezione: Economia) First came a sweeping government crackdown and a surge in defaults and failures at thousands of China’s peer-to-peer lenders. Now, in another troubling sign for the industry, some of the biggest investment banks have stopped taking them public.
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