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View Full Version : China Wall Hit by Global Banks With 2% Market Share - Bloomberg



NewsWhore
06-04-2012, 08:00 PM
China Wall Hit by Global Banks With 2% Market Share (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGPVb8wJiBUoVGqcAuxXTmAMq6T-g&url=http://www.bloomberg.com/news/2012-06-04/china-wall-hit-by-global-banks-with-2-market-share.html)
Bloomberg
Before that, the firms concentrated primarily on currency-exchange services for foreigners. The banking regulator then imposed an additional requirement that global banks, including those based in Hong Kong, incorporate locally to take deposits and ...

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