China ok's ANZ to incorporate locally.
Global Banking News - 28 October 2009(c)2005 - Electronic News Publishing - http://www.enpublishing.co.uk
China has provisionally authorised Australia & New Zealand Banking Group Limited (NYSE: ANZ) (ANZ.AX) (OTCBB: ANZBY) to incorporate locally, Xinhua News Agency has reported.
Bank of America Corporation (NYSE: BAC) has also expressed an intent to incorporate a unit locally, the report said without naming its sources.
China has authorised three foreign banks to incorporate locally in Shanghai, the report said without disclosing the name of the lenders.
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|Publication:||Global Banking News (GBN)|
|Date:||Oct 28, 2009|
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