Junior staff ‘stole nearly $600 mn from major Chinese bank’

Two junior employees of one of China’s biggest banks stole financial instruments worth 3.9 billion yuan ($593 million) in a failed attempt to make a fortune on the stock market, the bank admitted.The two staffer, who worked in a Beijing branch of the Agricultural Bank of China, replaced bills of exchange — promissory notes issued as part of normal business — which were stored in a safe with newspapers, and sold the purloined items, respected business magazine Caixin on Monday c