Hou Weidong, the former vice-president of the Bank of Communications, is currently under investigation for suspected severe breaches of Party discipline and national laws. The announcement was made on Tuesday by China’s top anti-corruption authorities, the Communist Party of China Central Commission for Discipline Inspection and the National Commission of Supervision. The investigation was disclosed online, though no additional details were provided. Hou, a 65-year-old native of Shandong province, joined the Communist Party in 1986 and is a graduate of Peking University. With decades of experience in China’s banking sector, he assumed the role of vice-president at the Bank of Communications in late 2010. This investigation underscores the ongoing efforts by Chinese authorities to combat corruption within the financial sector and maintain the integrity of its institutions.