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Equities
Bank of America increases stake in CCB
The US bank exercises an option to increase its ownership in China Construction Bank to 19.1%, potentially with a view to booking some profit on its earlier investment.
By Daniel Inman | 19 November 2008
M&A
CCB acquires Bank of America's Hong Kong-Macau business
China Construction Bank to acquire Bank of America Asia (which comprises Bank of America’s Hong Kong and Macau branches) for HK$9.7 billion ($1.24 billion).
By Sameera Anand | 25 August 2006
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