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BlackRock, Temasek, and CCB secure joint wealth venture approval in China

News | Payments General | 24 Aug 2020

US-based asset manager BlackRock, Singapore-based state investor Temasek Holdings, and China-based CCB have obtained China’s approval for a wealth management joint venture.

BlackRock, Temasek, CCB, joint wealth venture, China, China Banking and Insurance Regulatory Commission, CBIRC, asset manager, state investor, bank, wealth management, financial market, foreign companies, fund managers, restrictions, foreign banks

Huishang Bank opens wealth management unit

News | E-invoicing, SCF & E-procurement | 07 May 2020

China-based Huishang Bank has announced launching a wealth management subsidiary.

Huishang Bank, China, banks, Hefei, Anhui, Huishang Bank Wealth Management, China Banking and Insurance Regulatory Commission, CBIRC