HALISTER1: ICBC Says Watching Money-Laundering Investigation in Madrid

ICBC Says Watching Money-Laundering Investigation in Madrid

(Bloomberg) -- Industrial & Commercial Bank of China says in emailed statement it’s closely watching the development of investigation.
  • Says ICBC Madrid branch is actively cooperating with investigation
  • Head of ICBC Europe and lawyer have arrived at Madrid
  • Says ICBC is always against money-laundering and complies with the law in management and operations
  • NOTE: Earlier, Spanish Police Arrest Five in ICBC Money- Laundering Probe
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

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601398 CH (Industrial & Commercial Bank of China Ltd)

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