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Friday, 11/27/2009 1:47:16 PM

Friday, November 27, 2009 1:47:16 PM

Post# of 182
BEIJING, Oct 14 (Reuters) - Minsheng Bank (600016.SS), China's first listed non-state lender, cannot take a controlling stake in U.S. bank UCBH Holdings Inc (UCBH.O), because of regulatory limitations, a source told Reuters on Wednesday. "The United States regulatory authorities have restrictions; it is impossible for us to buy a controlling stake in a U.S. bank







Right, cause the U.S. banks played by the LAWS/rules, IMO! DUMP some currency China but i dont think there is a market for it so they stuck as well.

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