Core Viewpoint - The National Financial Supervision Administration has announced a series of administrative penalties against banks, financial asset management institutions, and several financial personnel, with total fines exceeding 100 million yuan and three individuals banned from the industry [1] Group 1: Penalties on Banks - Huaxia Bank was fined 87.25 million yuan for imprudent management of loans, bills, and interbank business, along with non-compliance in regulatory data reporting [2][3] - Zhejiang Commercial Bank was penalized a total of 11.308 million yuan for imprudent management of internet loans and related businesses [4] - The Industrial and Commercial Bank of China employees, Li Chao and Yi Zhongbin, were banned from the banking industry for 5 and 7 years respectively for using their positions to conduct illegal wealth management activities [4] Group 2: Penalties on Financial Asset Management Institutions - Jianxin Financial Asset Investment Co., Ltd. was fined 850,000 yuan for imprudent practices in debt-to-equity swap projects and non-compliance in service fee pricing procedures [4] - The Industrial Bank Financial Asset Investment Co., Ltd. was fined 400,000 yuan for non-compliance in service pricing management [5] - Jiaoyun Insurance Asset Management Co., Ltd. faced fines totaling 1.15 million yuan for operations related to trust plans and debt investment plans that did not meet regulatory requirements [5]