According to the allegations against bank manager Bai Tianhui, he is alleged to have received a total of around 1.1 billion yuan (equivalent to 1.4 billion SEK) from customers in exchange for preferential treatment in business agreements, AFP reports, citing Chinese media.
The bank in question, formerly known as China Huarong International Holdings, has long been under scrutiny by Chinese authorities, becoming a target of President Xi Jinping's outspoken and long-running campaign against corruption in the country's financial sector.
Several other executives from Huarong have previously been convicted following economic crime investigations.
Death sentences for corruption in China are usually commuted to life imprisonment, but according to the court, Bai's crimes were "extremely serious."
