Group 1 - Regulatory authorities have issued significant fines to major banks, with the Shenzhen Banking and Insurance Regulatory Bureau imposing a fine of 11.3 million yuan on the Shenzhen branch of the Bank of China on August 5, and the Shanghai branch of the Industrial and Commercial Bank of China receiving a fine of 13.1 million yuan on July 28 for serious violations in fund management [1] - The China Banking and Insurance Regulatory Commission has issued over 189 penalties this year, with nearly 60% related to credit business violations, including serious management failures and misuse of loan funds, particularly in real estate and stock markets [1] - The total amount of fines imposed on the six major state-owned banks has exceeded 170 million yuan this year, with the Industrial and Commercial Bank of China facing the highest penalties at approximately 49.8 million yuan [1] Group 2 - There are widespread issues with employee behavior management in state-owned banks, including violations such as assisting clients in obtaining fraudulent credit cards and misrepresenting insurance products [1]