Its happening. As Atlantic civilisation declines, in a hurry, the Pacific peoples stand up. Citibank, everyone knows them, they're the largest, has been, and now, who is this, ICBC? In the former empire, America had 5 investment banks. In the new world, China has 4, and ICBC is one of them.
AXP went up today. Because of better customer service? A card launch? New partnership? No. Because 3 years ago, Amex was a tiny player in preparing the world's largest IPO, of ICBC, and now it can sell that stake. And "that's the rest of the story!"
http://online.wsj.com/article/SB123799731711139515.html
AXP went up today. Because of better customer service? A card launch? New partnership? No. Because 3 years ago, Amex was a tiny player in preparing the world's largest IPO, of ICBC, and now it can sell that stake. And "that's the rest of the story!"
http://online.wsj.com/article/SB123799731711139515.html
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