Roberto Abraham Scaruffi: Bank of China buys into Rothschild bank

Monday, 22 September 2008

Bank of China buys into Rothschild bank

Bank of China buys into Rothschild bank
BANK of China said yesterday it will buy a 20 percent stake in La Compagnie Financiere Edmond de Rothschild for 236.3 million euros (US$340 million) and the two will develop private banking and asset-management services.