(Finance) – Intesa Sanpaolo has increased its participation in Bank Of Qingdao from 13.85% to 17.50%, according to a statement from the Chinese bank. In the new 2025 plan presented a few days ago, the Italian banking giant had described China as “growth option in Wealth Management“. For the subsidiary Bank of Qingdao, a” development of strategic cooperation with the group for access to selected skills in the local banking market has been envisaged “.
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