China’s largest bank, Industrial and Commercial Bank of China (ICBC), said on Tuesday its unit had received approval to set up a foreign-controlled wealth management firm with Goldman Sachs Asset Management.

China’s largest bank, Industrial and Commercial Bank of China (ICBC), said on Tuesday its unit had received approval to set up a foreign-controlled we(...)

Photograph: iStock

European shares paused on Tuesday as investors sought to guess the bond market’s next move, while weak German retail sales were a stark reminder of co(...)