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Another interesting one is financial services in China. It's been closed to outside companies, but China said they would let non-Chinese companies in. Except t
by kyrra 8y ago
Another interesting one is financial services in China. It's been closed to outside companies, but China said they would let non-Chinese companies in. Except they put a barrier that the company must have $15 billion in assets. Plus, no company has even been approved to operate there yet (as of the last reporting I saw).
https://www.wsj.com/articles/wall-street-investment-banks-face-new-hurdle-in-china-1528811470 https://www.wsj.com/articles/wall-street-investment-banks-fa...
non-paywall: https://outline.com/UdR3KA https://outline.com/UdR3KA
- xvilka 8y agoUBS got an approval for buying back their stocks up to 51%.