ABC CREATES INVESTMENT BANKING OPERATION
AsiaInfo Services, December, 2007
AsiaInfo Services 12-05-2007 ABC Creates Investment Banking Operation BEIJING, Dec 05, 2007 (SinoCast via COMTEX) -- Agricultural Bank of China (ABC), which is in the crucial period of shareholding reform, has set up its investment banking business on November 30. The newborn division will take charge of business development planning, policy research, market exploration, risk control as well as direct marketing for big clients of investment banking. The establishment of the investment banking business meets the lender's demand for progress.
The coordinative development of investment banking and traditional commercial banking services will boost capital business growth, expand fresh income stream and profit-making methods, and shake off competition in the same...
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