Foreign banks breathe easier

Life for foreign banks in China should be easier now that the China Banking Regulatory Commission (CBRC) has made important changes to the rules governing their activities that should create a more level playing field. Foreign banks will no longer need to ask for the banking watchdog’s approval before they offer offshore wealth management services, act as custodians for these … http://bit.ly/2GvL2z8

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.