UPDATE 1-China may give big asset management firms nod for M&As of smaller banks – sources
China’s banking and
insurance regulator is considering allowing big asset management
firms to engage in mergers and acquisitions of high-risk small
and medium-sized Chinese banks, two sources with direct
knowledge of the matter said on Friday.
insurance regulator is considering allowing big asset management
firms to engage in mergers and acquisitions of high-risk small
and medium-sized Chinese banks, two sources with direct
knowledge of the matter said on Friday.
Posted by Reuters