Julius Baer has announced that it has been granted a quota of USD 100 million under its QFII license by the State Administration of Foreign Exchange in China (SAFE). The private bank was awarded a QFII license by the China Banking Regulatory Commission (CSRC) in December 2010 and is still the only private bank to hold one, allowing its clients…
Julius Baer only private bank with QFII license; quota set at US$ 100 million
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