China approves Goldman Sachs, ICBC joint wealth management venture

StreetInsider2021-05-25

BEIJING (Reuters) -China's largest bank Industrial and Commercial Bank of China (ICBC) said on Tuesday its unit had received approval to set up a foreign-controlled wealth management firm with Goldman...

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Comments

lynnnn
2021-05-25
lynnnn
Nice
Boo2020
2021-05-25
Boo2020
Wow
KHM
2021-05-25
KHM
Good
Chonky
2021-05-25
Chonky
Like comment
- aliciatng:
  thanks
- ahteow:
  Done plasee reply baCk
aliciatng
2021-05-25
aliciatng
Okya cam
- aliciatng:
  thanks
- tiangxinyuanReplyahteow:
  sure
- ahteow:
  Ok pls reply back
- Chonky:
  Ok
Supertooth
2021-05-25
Supertooth
Good

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Goldman...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18468116\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"01398":"工商银行","GS":"高盛","03143":"华夏香港银行股"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18468116","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2138776169","content_text":"BEIJING (Reuters) -China's largest bank Industrial and Commercial Bank of China (ICBC) said on Tuesday its unit had received approval to set up a foreign-controlled wealth management firm with Goldman Sachs Asset Management.The unit of U.S. banking giant Goldman Sachs Group Inc will offer a 51% funding contribution ratio, while the wealth management unit of ICBC will offer 49%, the Chinese bank said in a exchange 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