Intesa Sanpaolo readies China wealth launch
The Italian bank is busy hiring as it prepares to launch a wealth management business in China next year, its first in Asia. It already holds stakes in local firms, but will face fierce competition.
Tag : qingdao
Shenzhen to double QDIE amid fight for flows
The city plans to raise permits for its cross-border investment scheme to 15 this year as competition intensifies with Shanghai and Qingdao, which offer similar programmes.
Shanghai makes new QDLP approvals
Five foreign fund managers have been given $100 million quotas under Shanghai's alternatives investment scheme. The new QDLP batch is more diverse and includes real estate managers and funds of hedge funds.
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Qingdao QDLP launch tipped to spark rivalry
Extending the alternative investment programme for foreign fund houses from Shanghai to Qingdao may stir up provincial rivalry, argues an analyst from Z-Ben Advisors.
