HSBC taps China, Taiwan insurance market http://www.reuters.com/article/ousiv/idUSTP7393720070927?sp=true
Thu Sep 27, 2007
By Faith Hung
TAIPEI (Reuters) - HSBC Holdings (HSBA.L: Quote, Profile, Research)(0005.HK: Quote, Profile, Research), Europe's biggest bank, is entering insurance markets in China and Taiwan as part of its broader strategy to tap the fast-growing Asian region.
David Fried, regional head of insurance for Asia Pacific, told Reuters in an interview on Thursday that the bank had obtained government approval to set up a joint venture in China. http://www.reuters.com/article/ousiv/idUSTP7393720070927?sp=true