Wealth and Asset Management
Citi Tells Private Bankers Not to Discuss Yuan in Mainland China
Citigroup Inc. told private bankers serving Chinese clients not to discuss the yuan or hedging the currency risk when making trips to the mainland, according to people familiar with the matter, underscoring growing sensitivity in onshore dealings. The US lender, which doesn’t have a private bank unit in mainland China,…
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Click here to read the full story: Yahoo Finance