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BNY Mellon to hire 70 in the PRC – asset management licence imminent

BNY Mellon has been granted banking license in Beijing and plans to hire 70 in the next three years. The licence allows BNY Mellon Beijing Branch to provide banking services to BNY Mellon’s institutional clients in China, with a focus on asset management. BNY Mellon does not intend to provide any retail banking services. Larry Chen, previously chief representative of…

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