Swiss banks find different fates in China deals
Article Abstract:
Foreign investment deals in China's banking industry is hot. UBS AG of Switzerland is planning to invest $500 million in Bank of China. Although Credit Suisse Group of Switzerland has cancelled a $500 million investment in the initial public offering of China Construction Bank Corp.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2005
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Bohai Bank launches as China's new lender
Article Abstract:
Bohai Bank of China is the first new stockholding commercial bank created with a foreign investor in China. Standard Charter PLC of the United Kingdom is investing $123 million for a 19.99 percent controling interest in Bohai Bank.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2005
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