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Tag: china construction bank

People Moves
Top Chinese banks name new heads
China Construction Bank and Agricultural Bank of China name their new party bosses, both of whom are expected to become chairmen.
By Lillian Liu | 29 November 2011
Equities
Temasek confirms $2.8 billion CCB investment
The Singapore investment company bought about one-third of the China Construction Bank shares that Bank of America Merrill Lynch sold through an $8.3 billion private transaction...
By Anette Jönsson | 7 September 2011
Equities
BoA Merrill sells $8.3 billion stake in CCB
The sale of China Construction Bank shares comes on the day that BoA Merrill's lockup expires and is done through a private transaction with a group of undisclosed investors.
By Anette Jönsson | 30 August 2011
Debt
Mainland banks lobby for dim sum quota
Mainland banks and companies are lobbying the authorities for their share of the Rmb50 billion quota to issue dim sum bonds in 2011.
By Denise Wee | 26 August 2011
Cash
Payment news, July 13
Chinese companies select Deutsche Bank and BNY Mellon as their depository bank, while HSBC launches new renminbi internet services.
By Jonathan Wong | 13 July 2010
Equities
China Construction Bank plans $11 billion rights issue
The sale will bring the total amount of money sought by the country's four biggest publicly traded banks this year to approximately $26.6 billion.
By Lillian Liu | 3 May 2010
Macro & Markets
Short-term outlook for China property market is positive
The China property market should continue to grow in 2010 although both buyers and developers will be more cautious, according to CCB International.
By Winnie Tang | 17 February 2010
Corporate
Tech spending at Chinese banks continues to increase
Chinese bank spending on technology will reach $11.3 billion by 2011, says Celent.
By Edward Russell | 4 January 2010
M&A
AIG sells businesses to China Construction Bank and MphasiS
American Insurance Group has sold business units in Hong Kong and India to China Construction Bank and MphasiS.
By Sameera Anand | 14 August 2009
Equities
China Construction Bank block raises $52 million
A handful of investors snap up the shares during the lunchtime break.
By Daniel Inman | 17 March 2009
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
People Moves
OCBC appoints new head of business banking
Samuel Tsien moves across from China Construction Bank after a 30-year career at the institution.
By Yi Tin Chak | 5 July 2007
People Moves
CCB appoints new CFO and chief risk officer
Pang Xiusheng and Zhu Xiaohuang accept executive positions as the bank looks to further build corporate governance capabilities.
By Andrew Peck | 16 June 2006
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abc adr agricultural bank of china aig akbar poonawala albert chan alhorithmics american insurance group asia autonavi bank of america bank of america merrill lynch bank of china banks beijing block trade bny mellon boa borun ccb celent chairman china china merchants bank china property citi corporate governance credit growth deutsche bank dhgatecom diane wang finance financials follow on gregory roath hires hisoft hsbc hua zhang icbc industrial and commercial bank of china loans luc van bergen mphasis ocbc bank placement private transaction pudong development bank renminbi rights issue
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