Bank of China Starts Exclusive Service

Bank of China opened a private banking service in Beijing and Shanghai, the first local bank to target the growing ranks of the super rich in China. The service is only for customers with over US$1 million to invest and is a joint project with its partner the Royal Bank of Scotland (RBS), which owns about 4.4% of the Chinese bank. "The thing that excites us is just the size of the marketplace," said Fred