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Principal and China Construction Bank Sign Agreement to Strengthen Relationship and Grow Pension and Asset Management Business in China

DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group® (NYSE:PFG) and China Construction Bank (CCB) have announced the signing of a Strategic Cooperation Agreement and memorandum of understanding to develop a new asset management and pension partnership. The agreement, signed on March 4 in Beijing, enhances the relationship Principal® has with CCB, the second largest bank in the world, and creates an opportunity for the US-based company to participate in China’s evolving pension and asse

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