CM BANK(03968) 每经网·2024-01-31 00:13Group 1 - China Merchants Bank has readjusted its retail financial organizational structure, establishing a new Retail Customer Department, indicating a clear strategic plan for future retail financial business development [1] - The newly established Retail Customer Department will help the bank better understand the characteristics and needs of different customer groups, allowing for more precise services and products [1] Group 2 - Several small shareholders of trust companies, including Zhongcheng Trust and China Ocean Trust, are offering their shares at a 10% discount, reflecting a cold market for trust licenses [2] - The current market environment has led to many listed financial institutions trading below their net asset value, indicating a lack of confidence in the value of trust licenses [2] Group 3 - The National Financial Regulatory Administration has approved Lu Xuan's qualifications as the President and Director of Citibank China [3] - Lu Xuan was previously the Vice President and Managing Director of the Corporate Banking Division at Citibank China [3] Group 4 - Shanghai Bank has received approval for Shi Hongmin to serve as Vice Chairman and President [4] - Shi Hongmin was elected as Vice Chairman and appointed as President of Shanghai Bank in December 2023 [4]