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Locals tipped to win China private banking war
November 25, 2009
From Leigh Powell
Business leaders share their thoughts and experiences on the challenges and opportunities in China’s private banking market at an industry forum in Hong Kong. They also pick likely winners in the race for business and talent.
The development of the private banking industry in China is very plainly in the hands of the regulators, not the providers.
Setting up a locally incorporated financial services firm in China is riddled with challenges, notably regulatory restrictions governing operating...
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