China’s ICBC wins approval to set up wealth management unit

People visit the Bund in front of Shanghai's financial district of Pudong in Shanghai, China September 28, 2017. REUTERS/Aly Song/Files

Industrial and Commercial Bank of China (ICBC), the country’s biggest-listed lender by assets, has won approval to set up a wealth management unit, China’s banking and insurance regulator said on Sunday.

Continue reading this story with a subscription to DealStreetAsia.

Subscribe

Contact us for corporate subscriptions at subs@dealstreetasia.com.