– 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.