Salomon, Goldman Sachs...Bank Of China?

BOC's trading arm aims for the investment-banking big league

Thirty years ago, during the Cultural Revolution, Bank of China's squat, granite building in Hong Kong was a pulpit for Maoist propaganda. Bank employees with megaphones stood on a balcony exhorting passersby to join the glorious cause of communism. Now, the building houses Bank of China Group Securities (BOCGS), a 12-year-old brokerage whose agenda couldn't be more different: to make millions doing investment deals.

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