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Results 1 - 30 of 50
... with floors seven to 77 dedicated to office space. Confirmed leasing clients include Sumitomo Mitsui Banking Corp, Commerzbank, BNP Paribas and Mizuho Securities. Mori says that occupancy rate is ...
Saturday, 30 August 2008

...sed funds topped 5.51 bn, compared to RMB7 bn in 2005.   BOC Plans San Francisco Branch Bank of Communications said it will open a new branch in San Francisco. No exact time plan was ...
Friday, 29 August 2008

Barclays Buys Into New China Trust UK-based Barclays Bank said it has received governmental approval to invest USD35m in New China Trust Co. Ltd. The bank said it is expecting a 19.5 per cent s
Friday, 29 August 2008

Bank of China said accusations that it wired money for terrorist organisations, and therefore supported terrorism against Israel, are "baseless."   As reported earlier, around
Thursday, 28 August 2008

Allianz Insurance may decide this week whether to sell Dresdner Bank to German-based Commerzbank or to China Development Bank, Bloomberg reports.   As reported in early August, China Dev
Thursday, 28 August 2008

6. Insurers Eye Real Estate Markets
(News/News August 2008)
... real estate sector, the China Insurance Regulatory Commission said in a statement. Earlier this year, banks were given the green light to invest in insurers.   The draft of the revise...
Wednesday, 27 August 2008

7. Bank of China Faces U.S. Lawsuit
(News/News August 2008)
A lawsuit filed in California claims that Bank of China has "transferred several millions of dollars for terrorist groups bent on attacking Israel," the Wall Street Journal writes. A BoC spo
Tuesday, 26 August 2008

...ed a profit of RMB36.4 bn for the same period.   PBOC Buys Into Prudential The People's Bank of China has bought a one per cent stake in UK-based insurance company Prudential for GBP1...
Tuesday, 26 August 2008

9. Weekly Statistics Update
(Statistics/ Statistics 2008)
- China's largest lender, the Industrial and Commercial Bank of China (ICBC), said its first half after-tax profit totaled RMB64.88 bn, which made it the world's most profitable bank. - The Chi
Sunday, 24 August 2008

...e the growth momentum." HSBC currently has 73 branches in 17 Chinese cities. China Merchants Bank Opens London Office China Merchants Bank will set up representative offices in London and...
Sunday, 24 August 2008

...ng Kong, down 32.4 per cent, and 12,000 from Taiwan, down 47.6 per cent.   First Islamic Banking Window in Hong Kong Malaysia's Hong Leong Bank opened the first Islamic Banking Window...
Sunday, 24 August 2008

Huge July Drop in Beijing Tourism Beijing received a total of 270,000 tourists that stayed overnight during July, down 30 per cent on July 2007, according to the Beijing Municipal Tourism Bureau. Of
Saturday, 23 August 2008

First Islamic Banking Window in Hong Kong Malaysia's Hong Leong Bank opened the first Islamic Banking Window in Hong Kong, Malaysian media reports. The bank will offer cross-border transactions and
Friday, 22 August 2008

14. France's BRED Buys Into Changsha Bank
(News/News August 2008)
BRED Banque Populaire said it will buy a stake of up to 20 per cent in Changsha Commercial Bank for RMB200m. The Chinese bank is eyeing an IPO after the transaction.   The French bank wa
Wednesday, 20 August 2008

Foreign Banks Invest in Pig Farms Deutsche Bank and Goldman Sachs have reportedly invested up to USD360m in Chinese pig farms, Trading Markets reports. The German bank has bought a 30 per cent sta
Sunday, 17 August 2008

...time in years, China's exports are growing more slowly than America's".   Foreign Banks Invest in Pig Farms Deutsche Bank and Goldman Sachs have reportedly invested up to USD36...
Saturday, 16 August 2008

...na Merchants Waits for Approval After China Merchants outbid ICBC and the Australia & New Zealand Banking Group in May for a majority stake in Hong Kong's Wing Lung Bank, it is still awaiting r...
Friday, 15 August 2008

18. Government Official Commits Suicide
(News/News August 2008)
...ed sources confirmed to Caijing that the 42 year old possessed several properties in Beijing and owned bank accounts with more than RMB1m. Caijing says out of the 450,000 food producing compani...
Thursday, 14 August 2008

...y August that in the trading city of Yiwu about 5,000 out of 18,000 manufacturing companies are facing bankruptcy. "The situation is not so serious as reported," Xu Guanju, Chairman of...
Wednesday, 13 August 2008

...e subsidiary has received regulatory approval to trade gold on the Shanghai Gold Exchange. The UK-based bank is the first foreign institution to receive a license by the China Banking Regulatory Commi...
Wednesday, 13 August 2008

...be shared among Top100.cn and its music partners. HSBC Seeks Chinese Partner Europe's largest bank HSBC said it is interested in partnering with a Chinese bank for underwriting domestic sha...
Sunday, 10 August 2008

Taiwan Allows Chinese Investment in Finance Sector Taiwan has plans to allow Chinese banks and investors to enter its banking sector, the Commercial Times reports. Investments in Taiwanese banks cou
Saturday, 09 August 2008

23. ICBC Approved to Open New York Branch
(News/News August 2008)
Industrial and Commercial Bank of China has received approval to open its first branch in the United States, state media reports.   The Federal Reserve Board has officially approved ICBC
Thursday, 07 August 2008

China Development Bank has reportedly conducted due diligence on Dresdner Bank, and is interested in buying the German bank, Chinese media reports.   Allianz Insurance, which bought Dres
Wednesday, 06 August 2008

... orders from Australia's BHP Billiton.   HSBC Seeks Chinese Partner Europe's largest bank HSBC said it is interested in partnering with a Chinese bank for underwriting domestic sha...
Wednesday, 06 August 2008

Union Bank of India Opens HK Branch The state-owned Union Bank of India has opened its first Hong Kong branch, the bank said in a press statement. UBI already has a representative office in Shanghai
Tuesday, 05 August 2008

ICBC Most Competitive Chinese Lender An industry survey released by the Chinese Banker magazine rated the Industrial and Commercial Bank of China (ICBC) is the most competitive domestic commercial
Sunday, 03 August 2008

Bank of China (UK) said it will buy a 30 per cent stake in Swiss-based Heritage Fund Management for RMB60m.   The UK-subsidiary of Bank of China reportedly plans to increase its share t
Wednesday, 30 July 2008

...ents will be held in Hong Kong, and take place from 9 August to 21 August.   Four Chinese Banks Apply to Buy Insurers Industrial and Commercial Bank of China, China Construction Bank, ...
Wednesday, 30 July 2008

ICBC Most Competitive Chinese Lender An industry survey released by the Chinese Banker magazine rated the Industrial and Commercial Bank of China (ICBC) is the most competitive domestic commercial l
Tuesday, 29 July 2008

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