Exclusive: Bank of China mulls IB spin-off

Bank of China is considering listing its investment banking arm BOC International, according to people familiar with the matter.

The Chinese bank is conducting feasibility studies over a proposal to list BOC International, sources familiar with the discussions told FinanceAsia.

The idea was brought to the table after Bank of Communications announced similar plans to list its investment banking business earlier this year, according to the people, adding there is no certainty whether the proposal will go ahead at this point.

If the deal goes go ahead, it would be only the latest move by Bank of China to monetise its assets, an effort it has ramped up since late last year.

The state-owned lender...

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