SUBSCRIBERS
China's 'counterfeit' Goldman Sachs
Published Thu, Aug 27, 2015 · 09:50 PM
Beijing
A staffer at a Chinese finance company named Goldman Sachs said any similarity to the multi-billion-dollar US investment giant was unintentional on Thursday, weeks after a Chinese man was arrested for setting up a fake bank branch.
Goldman Sachs (Shenzhen) Financial Leasing Co, operating in the southern boomtown next to Hong Kong, has an almost identical name to New York-based financial institution, Goldman Sachs Group Inc.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Banking & Finance
China’s CICC demotes senior bankers, cuts pay to slash costs
Citi promotes Damien Tan to corporate banking head for Singapore
Australian dollar firm as bulls bet on hawkish turn at RBA
ECB rate cut case getting stronger, says chief economist Lane
RBNZ has limited scope to cut cash rate this year: OECD
Crypto.com wants to sponsor more sports after Formula One Miami