US bankers and UK lawyers attacked the new light-touch regulatory regime proposed for Chinese banks in the City yesterday, accusing George Osborne of political interference in -regulation.
As the chancellor confirmed details of his mission to boost the UK’s status as an offshore Chinese financial centre, including a plan for Chinese banks to operate via branches rather than full-blown subsidiaries, senior US bank executives were stunned.
“It is extraordinary to treat Chinese banks differently,” said one bank chief. “It’s very inconsistent. This is just a crazy lovefest.”
您已閱讀21%(575字),剩余79%(2162字)包含更多重要信息,訂閱以繼續(xù)探索完整內(nèi)容,并享受更多專屬服務(wù)。