Bank Of China Denies Default

Bank Of China Denies Default (ZeroHedge, June 20, 2013):

Either things in China are now very serious (and Jean-Claude Juncker has been hired as chief propaganda officer), or the BOC hired Erin Callan as CFO. Either way, for now at least, the Bank of China “is fine”:

Then again, looking back in history, the instances when banks volunteered to being in default are… er… uhm…. not many.

via BBG

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