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Gargamel
Joined: 13 Jan 2011
Posts: 19
Read: 0 topics
Location: England
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 Posted: Tue 14:09, 08 Mar 2011 Post subject: Foreign banks in talks of fund back-office busines |
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There are some foreign banks coming to the Chinese mainland to probe the possibility of cooperation on fund back-office business outsourcing with local funds,[link widoczny dla zalogowanych], according to a report of the Securities Times.
The HSBC (NYSE:HBC) has been in frequent contacts with some funds in Shanghai,[link widoczny dla zalogowanych], and afterwards,[link widoczny dla zalogowanych], it will go to Beijing to probe the possibility of cooperation with competent departments.
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