But BNY Mellon Western and Zheshang may be the last firms to obtain such licences this year, says Z-Ben Advisors.
Tag : jvs
Impending deals with Lombarda Bank and Lord Abbott demonstrate new options for shareholding arrangements.
Instead of liquidating a bad asset, Cinda goes into business with foreign partner First State.
They are in talks to form the second round of fund-management joint ventures with Chinese banks.
Invesco Great Wall''s debut raised half the assets of predecessors; all eyes will be on Shenyin & Wanguo/BNP.