Article: Banking in China

The Banking industry has long been dominated by local banks in China. The market opened up slowly in the 1990s. Initially China's retail & corporate banking was introduced with limited banking products, servicing mainly overseas corporations, to now serving a more diversified local businesses in China. Different investment and banking services have expanded to areas such as:

• Retail banking
• Corporate banking
• Private banking
• Investment banking
• Private equity & asset management

Investment banking services are now developing in China in various types & forms like QFII, joint ventures with local banks & securities firms. China banking and finance experience became a rare jewel and is in great demand in China. Many candidates were drawn from retail and corporate banking to the growing investment banking businesses in China.

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