--Allianz is in discussions with banks in China to set up an asset-management venture in the country, Reuters reports, citing unnamed sources.

--The German insurer's Allianz Global Investors business has been in talks with Industrial Bank and China CITIC Bank among other lenders, Reuters says, citing the sources.


Full story: https://reut.rs/3QKTnzF


Write to Ed Frankl at edward.frankl@dowjones.com


(END) Dow Jones Newswires

08-23-22 0626ET