Citic, is considering giving up its bank branches in the US

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Citic, the large Chinese investment conglomerate, is considering giving up its bank branches in the US at the same time as it undergoes a large restructuring, according to several senior Citic executives. But Citic is also looking at revamping its US presence because it is among a group of Chinese entities, along with China Investment Corp, that US regulators consider bank holding companies.

 

中信考慮放棄美國分行

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據中國大型投資集團中信多名高管透露，中信正考慮在實施大規模重組的同時，舍棄其在美國的銀行分行。但中信還在考慮重組美國業務，因為它和中投公司等多家中國公司一樣，被美國監管機構視為持有銀行的公司。