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Will BoC’s new TB dept. be more than just a name change?

China’s big four state-owned banks are finally getting to grips with merging their cash and trade divisions. So far, the effects have been limited, but the principle is sound, CT explains.
Will BoC’s new TB dept. be more than just a name change?

The Chinese banking system is one of the biggest in the world and growth in corporate banking revenues is now outpacing levels in peer countries.  

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