New rules unveiled in April are meant to help break assumptions that wealth management products are implicitly guaranteed by the issuing bank or by the state. Photo: Bloomberg New rules unveiled in April are meant to help break assumptions that wealth management products are implicitly guaranteed by the issuing bank or by the state. Photo: Bloomberg
New rules unveiled in April are meant to help break assumptions that wealth management products are implicitly guaranteed by the issuing bank or by the state. Photo: Bloomberg

Chinese banks in push to spin-off asset management units

Topic |   Wealth management
New rules unveiled in April are meant to help break assumptions that wealth management products are implicitly guaranteed by the issuing bank or by the state. Photo: Bloomberg New rules unveiled in April are meant to help break assumptions that wealth management products are implicitly guaranteed by the issuing bank or by the state. Photo: Bloomberg
New rules unveiled in April are meant to help break assumptions that wealth management products are implicitly guaranteed by the issuing bank or by the state. Photo: Bloomberg
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