Thursday, August 28, 2008

Scotiabank Sets-up Fund Manager with Chinese Bank

Financial Post, Duncan Mavin, 28 August 2008Bank of Nova Scotia is joining forces with a Chinese bank to launch a new fund manager, marking the Canadian bank's first foray into China's burgeoning wealth-management industry.Scotiabank was named yesterday by Bank of Beijing as its partner in a planned joint venture in documents filed to the Shanghai Stock Exchange.The Canadian bank has agreed to

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