Chinatrust Aims to Sign Deal With Bank of China, Dow Jones Says

Chinatrust Financial Holding Co. aims to sign a cooperation pact with Bank of China Ltd., Dow Jones Newswires reported, citing Chinatrust Chief Executive Daniel Wu. The company remains interested in acquiring Nan Shan Life Insurance Co., American International Group Inc.’s Taiwan unit, according to the news agency.

To contact the reporter on this story: Weiyi Lim in Taipei at wlim26@bloomberg.net

To contact the editor responsible for this story: Bloomberg News at gturk2@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.