Many trust companies received phone calls last Friday from the China Banking Regulatory Commission. The business of trust companies will be curtailed as the volume of wealth-management products account for two-thirds of their total business.This is the practiced used by banks and finance companies in the U.S. to remove mortgages from their balance sheet, but the Chinese are nipping this practice in the bud.
CapitaLand India Trust Boosts Hyderabad Bets with Latest Business Park
Acquisition
-
CapitaLand India Trust (CLINT) is set to add to its collection of 12
business park properties in Hyderabad after announcing a fresh deal with
long-time p...
No comments:
Post a Comment