REUTERS Standard Chartered Bank ( China ) has announced that it has become the first overseas bank to obtain a foreign custody services license in China , marking a further effort by the Chinese government to open up China 's financial markets . China 's equity and bond markets are now around $ 20tn , making it the third largest worldwide , said Standard Chartered in the UK .
Standard Chartered Bank ( China ) has announced that it has become the first overseas bank to obtain a foreign custody services license in China , marking a further effort by the Chinese government to open up China 's financial markets . China 's equity and bond markets are now around $ 20tn , making it the third largest worldwide , said Standard Chartered in the UK .