China bans bank from luring depositors with popular Labubu dolls

fortune.com/asia/2025/06/10/china-bans-bank-from-luring-depositors-labubu

A Chinese lender’s stunt to woo depositors with gifts including the wildly popular Labubu dolls has been barred by financial regulators, underscoring the increasingly fraught battle among banks for customers as interest rates and profit margins fall.
The Zhejiang branch of the National…

This story appeared on fortune.com, 2025-06-10 08:19:06.
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