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UBP shuns JVs, WFOEs for new China business

Andrew Foxwell
The Swiss bank has opened an asset management arm in China without the usual joint-venture or wholly foreign-owned entity model. It says a partnership setup is more flexible.
UBP shuns JVs, WFOEs for new China business

Union Bancaire Privée (UBP) has shunned the usual approaches to operating an asset management business in China with its latest move.

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