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ICBC Private Banking eyes wealthy mainland families with new service

The private banking arm of Chinese behemoth, ICBC, has established a family wealth management business targeting the mainland’s growing pool of ultra high net worth families. According to ICBC Private Banking general manager Ma Jian, the newly-launched proposition provides wealthy families throughout China with an array of needs-based services, including asset management, separation of the family from business, inheritance planning, and family governance. In a…

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