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Business / Carrefour price gouging

Brands in trust crisis

(chinadaily.com.cn) Updated: 2012-03-16 18:00

Brands in trust crisis

Banks let on clients' info for profits

A few Chinese banks sold their clients' information to people intent on stealing money from bank accounts and credit cards, China Central Television, China's largest television network, said Thursday night.

China Merchants Bank, one of the three named banks, apologized for the misbehaviour of its staff and promised to pay more attention to information management.

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