12/26/2013

China lets bank wealth products buy preferred shares

Wealth management products (WMPs) operated by banks will be allowed to open securities trading accounts effective immediately, the China Securities Depository and Clearing Corp., the official clearing house for the Shanghai and Shenzhen stock exchanges, s

12/20/2013

NBAD to tap Asia-Africa corridor

National Bank of Abu Dhabi plans to expand in a corridor from Africa to Asia in an attempt to gain business from trade flows between the continents,