New opportunities for Lenzing Group and Jeans International in the Shanghai FTZ

Lenzing Group and Deutsche Bank sign Shanghai free trade zone cash management deal; while DBS progresses with exploratory products in the FTZ.

By Dan Bland

Feb 17, 2014

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Deutsche Bank became the latest multinational bank to position itself in the forefront of developing services in the Shanghai free trade zone (FTZ) on February 17. The bank has signed an agreement with The Lenzing Group, a cellulose fiber producer, to act the company’s cash management bank in the new Shanghai zone.

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