Bank of Shanghai’s headquarters has cancelled a plan to develop a private banking business under its Hong Kong entity, Asian Private Banker has learnt. Sources with knowledge of the situation said the order had come directly from management at the bank’s headquarters, due to uncertain prospects for the business in the offshore market. A spokesman at the bank’s headquarters said that…
To access this content, please click back to the home screen, then click “Menu” (bars in top left bars) and then “Login”.
To enquire for a free trial, please start here.
Need more help? Click here or email [email protected].
To enquire for a free trial, please start here.
Need more help? Click here or email [email protected].
Subscriber Only Content
This article is available on a corporate subscription with Asian Private Banker. Please login or subscribe to view this content.
Need help? Please see our FAQ Guide or email [email protected]
Have a confidential tip? Get in touch [email protected]
