Deutsche Bank applies for local incorporation in China |
|
|
Published
:
Mon, 26 Mar 2007 06:36
|
BEIJING (XFN-ASIA) - Deutsche Bank said it has filed an application with the China Banking Regulatory Commission to locally incorporate a unit for China domestic operations.In a statement, the bank said the locally incorporated unit will be headquartered in Beijing.The bank will also maintain a branch in Shanghai dedicated to foreign currency operations, it added.China requires local incorporation for units of foreign banks serving domestic retail customers.jianbo.wu@xfn.com
|
|
|
|
|
|
|
| Stock
Quotes * |
|
NASDAQ
|
|
2630.24 |
+33.88 (
1.30 %)
|
| SYMBOL (
2007-09-28 ) |
| LAST |
CHANGE
|
|
LONMIN
(
11:35am )
|
|
3649.00 |
+251.00 (
7.28 %)
|
|
CARNIVAL
(
11:35am )
|
|
2374.00 |
+157.00 (
7.07 %)
|
|
RIO TINTO
(
11:35am )
|
|
3528.00 |
+65.00 (
1.89 %)
|
| SYMBOL (
2007-09-04 )
|
| LAST |
CHANGE
|
| SYMBOL (
2007-09-04 )
|
| LAST |
CHANGE
|
|
| Portfolio
Manager |
|
|
|