China Guangfa Bank, the Guangzhou-headquartered lender that China Life acquired from Citi in 2016, has made a push for the HNW market in central China by opening a new private banking centre in Wuhan, the region’s most populous Chinese city. The Wuhan private banking base is the latest milestone in Guanfa’s expansionary play – a hallmark of the bank’s strategic…
China Life-affiliated Guangfa Bank makes PB push into central China
