China, UK discuss setting up yuan clearing bank in London - Osborne

* Move (NasdaqGS: MOVE - news) to put London in leading position in Europe HONG KONG, Feb 20 (Reuters) - The British and Chinese governments are in active discussions about setting up a clearing bank in London for China's currency, a milestone that will put the city in a leading position to offer yuan trade business in Europe. Taking a leaf out of Hong Kong's blueprint in being the leading ...



from Google News, Yahoo! News, Wikinews, NY Times National News by search term http://ift.tt/1kZOErU

via IFTTT