Before being suspended in 2004, she was head of citibanks china investment banking along with earl yen. Bank of america merrill lynch hires margaret ren in mainland push. Had he not been removed from his post as party chief in 1989 and made a nonperson, mr zhao could well have transformed china. 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 names china chairman. Citigroup suspends beijing banker related to ex premier. Bofa bolsters china focus and 3 dow stocks attract. Ren, daughterinlaw of former chinese premier zhao ziyang, could not immediately be reached for comment.
Bank of america merrill lynch hires margaret ren in. Margaret ren rejoins bank of america merrill lynch as china. Recollection of events leading to the first exchange of students, scholars, and scientists between the united states and the. Zhao s conditions of house arrest and the conversations zhao spent his fifteenandahalf years of house arrest at number 6 fuqiang hutong, in beijing.
Citigroup suspends two bankers who specialized in china. Vogel referencesamerican rural smallscale industry delegation. Merrill lynch this week said margaret ren will chair its investment. Zhao ziyang, with bullhorn, made his final appearance in tiananmen square with student protesters on may 19, 1989. But a rent yantai and hangzhou both in coastal re gions. 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. On zongs ideological evolution, see his memoir, lixiang, xinnian, zhuiqiu. 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. Ren, 48, is the daughterinlaw of former chinese premier zhao ziyang. Im an old friend of your sister peggy and her husband.
Potential for political crisis vulnerability of zhao ziyang declassified 2000. Ren, who is a daughterinlaw of former chinese premier zhao ziyang, has wide connections in china that may help deliver highprofile. Ren is also a daughterinlaw of former premier zhao ziyang. 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. Pdf the chief function of the modern chinese press has been enlightenment. Update1bnp paribas appoints china banking chairwoman. 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.
Margaret ren rejoins bank of america merrill lynch as. Citigroup suspends two bankers who specialized in china deals by. Speaking of party secretary zhao ziyang a person who denies his own culture does not have. Jpmorgan hit by us bribery probe into chinese hiring. Ren s runin with the sec hasnt tarnished her reputation in asia. Hu yaobang, song renqiong, wan li, zhao ziyang 1980 xh. Bac is reinforcing its operations in china with the naming of margaret ren to lead operations in that country. The china dilemma um research repository university of malaya.
The chinese communist party tried hard to bury and forget zhao ziyang. 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 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. How china almost became an american backyard lpthe. Ren named merrills china chairwoman investmentnews. Former citigroup banker cleared in china life case law360. Zhao ziyang was a highranking statesman in the peoples republic of china prc. Baml appoints margaret ren as china chairman south china. She is considered the first princeling to work with wall street firms. 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. Rural smallscale industry in the peoples republic of china. Deng installed two of his proteges, hu yaobang and zhao ziyang, to launch. The daughterinlaw of former chinese premier zhao ziyang has been suspended from citigroup for allegedly providing the bank and its regulators with false information.
Zhao ziyang s vision of chinese democracy its fallen leaders, but also provides a necessary context for interpreting zhao s remarks. 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. 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. In secret memoir, a rare look inside chinas politics. He was the third premier of the peoples republic of china from 1980 to. Pdf hu yaobang, song renqiong, wan li, zhao ziyang 1980.
Zhao ziyangs vision of chinese democracy openedition journals. July 21, 2011 deng xiaoping and the transformation of china ezra f. 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. Ren, daughterinlaw of zhao ziyang, the former chinese premier, was suspended by citigroup in 2004 after the securities and exchange commission. Update 1merrills china banking chair margaret ren leaves.