Banking chief quits post

Ex-Minsheng president investigated in connection with fallen adviser Ling

The head of China's biggest private lender has resigned after reportedly being implicated in the corruption case of Ling Jihua, a former senior political adviser.

China Minsheng Banking Corp said its president, Mao Xiaofeng, resigned for personal reasons after news reports that said he had been taken away for investigation by China's top anti-corruption watchdog.