Ten years on, what are foreign banks getting from China’s financial Big Bang?

It’s more hype than profits, but hope springs eternal in the potential market size of the world’s most populous nation. When HSBC Holdings, Citi, Standard Chartered and the Bank of East Asia planned to open their mainland China subsidiaries on the same day in 2007, their objective could not have been more unanimous and clear. The four were vying to become the “first” foreign … http://bit.ly/2zMvoLT

Leave a comment

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.