investment bank

The Chinese investment bank's final valuation range is a far cry from its initial billion-dollar ambitions.

Chinese investment banking giant adopts a more conservative valuation for its Hong Kong listing, but secures strong cornerstone commitments.

China International Capital Corp has finally taken the first steps for its long-awaited $1 billion IPO in Hong Kong and could list as early as late September

Resignation of the Chinese bank's chief executive follows a spate of management departures as CICC prepares for Hong Kong listing.

Liang will retain her post as head of research at the Chinese securities house. Former chief economist Peng Wensheng joins Citic Securities, according to a source.

Marshall Nicholson has resigned as co-head of international investment banking; the latest departure from the Chinese bank.

The former head of the investment bank at Maybank replaces Charon Wardini Mokhzani who joined Khazanah two months ago. Separately, CIMB is in the process of strengthening its senior bench in North Asia.

Chinese investment bank looks to replenish its capital, sharpen its competitive strategy and strengthen its incentive scheme through a listing.

The purchase is the first major deal by a Chinese broker of a foreign peer.