HSBC to form China insurance JV with National Trust

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TAIPEI, Sept 27 (Reuters) HSBC Holdings, Europe's biggest bank, said on Thursday it plans to form an insurance joint venture in China with National Trust.

HSBC executives made the comments during a news conference in Taipei.

Earlier in the day, a senior company official told Reuters HSBC had received government approval to form the venture in China, as part of its plans to broaden its presence in the fast-growing Asian region.

REUTERS DKS PM1155

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