News Snapshot:
“. concat(self. i18n. t(‘search. voice. recognition_retry’), “ (Reuters) – The Industrial and Commercial Bank of China (ICBC) said on Friday that its wealth-controlling joint venture with Goldman Sachs Group Inc has won approval from the country’s banking regulator to start operations. The green light from the China Banking and Insurance Regulatory Commission (CBIRC) comes as the world’s second-largest economy opens its gigantic money sector to investment from foreign players, allowing them to collaborate with domestic banks. Goldman Sachs ICBC Wealth Management, established in May last year with a monetary contribution of 51% from US banking giant Goldman and 49% from...
