BNP Paribas pulls out of asset management JV in Taiwan

Category: Asia, Taiwan
By Hui Ching-hoo

BNP Paribas Investment Partners has withdrawn from BNP Paribas TCB Asset Management, a joint venture formed in 2011 between the French asset manager and state-owned Taiwan Cooperative Financial Holdings Co (TCFH). TCFH has agreed to buy BNP Paribas Investment Partners’ shares in the JV

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