May 5, 2020 / 2:20 PM / 20 days ago

BoC says it will try to reach settlements on oil product losses

SHANGHAI/BEIJING, May 5 (Reuters) - Bank of China (BoC) will try to reach settlements with investors regarding losses on its crude oil investment product, and would resolve remaining disputes through litigation, it said in a statement released on Tuesday.

The bank added that it reserved the right to hold a discourse with third-party institutions based on law.

Reporting by Emily Chow in Shanghai and Cheng Leng in Beijing; editing by David Evans

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