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Westpac opens second branch in China; aims to grow private banking, corporate and institutional business

Westpac has announced it has received final approval to open a branch in Beijing from the China Banking Regulatory Commission (CBRC). The Beijing branch, which will officially open on Wednesday 29 June will be Westpac’s second branch in China, following the Shanghai branch. Commenting on the approval, group executive, Westpac Institutional Bank, Rob Whitfield said, “China is a strategically important…

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