In China, Baidu + Citic Bank To Launch New Online Bank

November 18, 2015 @ 2:15 am By Midori Yoshimura |

China’s Internet search giant Baidu will partner with China Citic Bank, part of state-owned conglomerate Citic Group, to launch an online bank, according to the Financial Times. The FT notes that Citic Bank, suspended its shares in Shanghai and Hong Kong on Monday pending announcement… Read More

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Read more in: Asia | Tagged alibaba, ant financial, baidu, cao tong, china, citic bank, citic group, financial times, gu min, internet, Li Keqiang, mybank, tencent, webank, zheng xinlin