Goldman Sachs ICBC Wealth Management can now offer wealth management products to domestic Chinese clients.
Tag: CBIRC
China banks fined for breaking asset management rules
Bank of China and Everbright Bank were charged for violations in their wealth management units.
Blackrock CCB WM is allowed to sell pension products in China
China Banking and Insurance Regulatory Commission (CBIRC) granted approval for the asset manager’s joint venture.
China approves Schroders wealth JV
The partnership is the third Sino-foreign joint venture wealth management company approved to start business.