The number of POS Bank and DBSbank account holders affected by the proposed fall-below fee, according to newspaper reports, will reach half a million, some of them holding multiple accounts.
Hao Ting, who owns a petroleum-equipment business in Beijing, recalls the investment sales pitch from her private banker in Hong Kong at Singapore's DBSBank: "The world is made for wealthy people.
Last week was full of RMB business license DBS, and the second batch of Hang Seng Bank foreign legal persons, are still in business and related products for the stage.