Bank of Montreal (BMO) completed its acquisition of COFCO Trust, a Chinese trust company which offers wealth management products to high-net worth individuals (HNWI) in the country. BMO will now own a 19.99% stake in COFCO Trust, the limit for a foreign investor, though the terms of the deal were not disclosed. As of 2011-end, COFCO Trust had RMB36 billion…
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