GOLDMAN SACHS, ICBC FOCUS ON NEW BUSINESSES IN 2007
AsiaInfo Services, February, 2007
AsiaInfo Services 02-06-2007 Goldman Sachs, ICBC Focus on New Businesses in 2007 BEIJING, Feb 06, 2007 (SinoCast via COMTEX) -- Goldman Sachs Group Inc., a leading global investment bank, and its the strategic cooperator, the Industrial and Commercial Bank of China (ICBC), decide to focus on the cooperation in new businesses in 2007. They will spend effort in optimizing management on non-credit asset portfolio, innovation of financial products, market risk management, investment banking business, and high-end private banking services. Goldman Sachs has already sent three banking and finance professors to ICBC to assist the latter in credit risk management, market risk management, assets and liabilities management, capital trading, financial affairs and information...
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