Years after her suspension from citigroup for allegedly falsifying documents, former chinese banking star margaret ren has finally received the sec verdict she was hoping for. The china dilemma um research repository university of malaya. Hu yaobang, song renqiong, wan li, zhao ziyang 1980 xh. She is considered the first princeling to work with wall street firms. The daughter of former guangdong communist party secretary ren zhongyi, ren is also a daughterinlaw of former premier zhao ziyang. Bank of america merrill lynch hires margaret ren in mainland push. Vogel referencesamerican rural smallscale industry delegation. Bank of americamerrill lynch has appointed margaret ren, a wellknown mainland banker as its new china chairman, according to an internal memo seen by the south china morning post.
Update1bnp paribas appoints china banking chairwoman. Ren, 48, is the daughterinlaw of former chinese premier zhao ziyang. Zhao ziyang s vision of chinese democracy its fallen leaders, but also provides a necessary context for interpreting zhao s remarks. Margaret ren, currently of merrill lynch, is the daughterinlaw of former premier zhao ziyang. Zhao s conditions of house arrest and the conversations zhao spent his fifteenandahalf years of house arrest at number 6 fuqiang hutong, in beijing. Margaret ren rejoins bank of america merrill lynch as. Margaret ren rejoins bank of america merrill lynch as china. How china almost became an american backyard lpthe. Veteran investment banker margaret ren is rejoining bank of america merrill lynch as china executive and chairman, according to a memo seen by dow jones newswires on tuesday. The publication of the fourvolume collected works of zhao ziyang will help restore him to his rightful place at the center of the history of chinas reform. One of the more wellknown china bankers from that era is margaret ren, the daughterinlaw of former chinese premier zhao ziyang, who has worked at. He was the third premier of the peoples republic of china from 1980 to. Bofa bolsters china focus and 3 dow stocks attract.
Citigroup suspends two bankers who specialized in china deals by. When i made my next research trip to china, zhao ziyang was the countrys premier and i knew. Zhao ziyangs vision of chinese democracy openedition journals. Ren, daughterinlaw of zhao ziyang, the former chinese premier, was suspended by citigroup in 2004 after the securities and exchange commission. Zhao ziyang, with bullhorn, made his final appearance in tiananmen square with student protesters on may 19, 1989. Potential for political crisis vulnerability of zhao ziyang declassified 2000. Zhao ziyang was a highranking statesman in the peoples republic of china prc.
Ren, who is a daughterinlaw of former chinese premier zhao ziyang, has wide connections in china that may help deliver highprofile. Baml appoints margaret ren as china chairman south china. Hong konginvestment banker margaret ren is rejoining bank of america merrill lynch as china executive and chairman, according to a memo seen by dow jones. Bank of america merrill lynch names china chairman.
Rural smallscale industry in the peoples republic of china. Pdf hu yaobang, song renqiong, wan li, zhao ziyang 1980. Citigroup suspends beijing banker related to ex premier. But a rent yantai and hangzhou both in coastal re gions. Bac is reinforcing its operations in china with the naming of margaret ren to lead operations in that country. Before being suspended in 2004, she was head of citibanks china investment banking along with earl yen. Citigroup suspends two bankers who specialized in china. Bloomberg reports that citigroup suspended investment banker margaret ren, the daughterinlaw of former chinese premier zhao ziyang, in 2004, after the us securities and exchange commission sec.
Bank of americamerrill lynch has appointed margaret ren, a wellknown mainland banker as its new china chairman, according to an internal memo seen by the south china morning post on tuesday. In secret memoir, a rare look inside chinas politics. Former citigroup banker cleared in china life case law360. Pdf the chief function of the modern chinese press has been enlightenment. On zongs ideological evolution, see his memoir, lixiang, xinnian, zhuiqiu. Deng installed two of his proteges, hu yaobang and zhao ziyang, to launch. Bank of america merrill lynch hires margaret ren in. Jpmorgan hit by us bribery probe into chinese hiring. Recollection of events leading to the first exchange of students, scholars, and scientists between the united states and the. Had he not been removed from his post as party chief in 1989 and made a nonperson, mr zhao could well have transformed china.
This article examines former chinese premier and general secretary zhao ziyang s policies to respond to a new technological revolution, which resulted from a most unlikely influence. Ren s runin with the sec hasnt tarnished her reputation in asia. The chinese communist party tried hard to bury and forget zhao ziyang. Ren named merrills china chairwoman investmentnews. Ren zhongyis reply was that guangdong wouldnt have got where it is today without xiaoping, yaobang and ziyang, the article said, in the first known positive reference to zhao in the chinese. Ren is also a daughterinlaw of former premier zhao ziyang. Speaking of party secretary zhao ziyang a person who denies his own culture does not have. July 21, 2011 deng xiaoping and the transformation of china ezra f. Im an old friend of your sister peggy and her husband. Merrill lynch this week said margaret ren will chair its investment. Ren, daughterinlaw of former chinese premier zhao ziyang, could not immediately be reached for comment.
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