BNY Mellon said set to sell China JV to Leadbank

May 22, 2014

The US bank is reportedly in talks with the Chinese wealth management company to sell its equity holdings in the Shanghai-based BNY Mellon Western Fund Management.

BNY Mellon said set to sell China JV to Leadbank

US financial services firm BNY Mellon Corporation is set to sell out of its China joint venture to Shanghai-based wealth management firm Leadbank, Chinese media report.

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