HC Deb 08 November 1916 vol 87 cc240-1W
Mr. R. GWYNNE

asked the President of the Board of Trade whether the Hong Kong and Shanghai Banking Corporation has been appointed official liquidator of the Deutsch-Asiatische Bank's business in the Crown Colony of Hong Kong; if so, what steps are being taken; and what period has been fixed, if any, for winding up the business and excluding the Deutsch-Asiatische Bank from all future operations in the Colony?

Mr. BONAR LAW

The Hong Kong and Shanghai Banking Corporation has been appointed official liquidator of the Deutsch-Asiatische Bank's business in Hong Kong. Arrangements were made for the sale of the bank building in the Colony some time in August, but I have no information as to whether or not the sale has taken place, nor as to the period fixed for the winding up of the business, but I will make inquiry on the subject.

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