Last year, the Royal Bank of Scotland Group took a 10% stake in Bank of China , while Bank of America struck an agreement to acquire up to 19.9% of China Construction Bank.
Last year, the Royal Bank of Scotland Group took a 10% stake in Bank of China , while Bank of America (nyse: BAC - news - people ) struck an agreement to acquire up to 19.9% of China Construction Bank.
In addition, stock prices of the big Chinese banks are relatively cheap: Bank of China trades at 1.4 times forward book value, and Agricultural Bank of China trades at 1.6 book value for fiscal year 2011, even though Bank of China is considered a better-run bank.
She has worked with both the Agricultural Bank of China and the Bank of China (BACHY).
Agricultural Bank of China and the Bank of China have also raised money recently.
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Bank of China, China Construction Bank and Industrial and Commercial Bank of China all revealed their exposure to the US subprime market recently but added that the damage would be limited.
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No outsider knows the percentages of non-performing loans at the big four banks of China, including the Industrial and Commercial Bank of China and China Construction Bank.
On most days, investment professionals come to work and first check to see what the Federal Reserve, European Central Bank, Bundestag, German Constitutional Court, Bank of Japan, Bank of England or Bank of China did overnight.
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Friday, branches of the Bank of China and the China Industrial and Commercial Bank in the border city of Dandong told NPR that they had suspended all financial transactions between North Korea and China since the nuclear test.
The central bank of China knows the dollar is declining, but the central bank of China knows how to short the dollar if it gets too hairy.
The Fed also granted approval to Agricultural Bank of China Ltd. to build a branch in New York City, and to Bank of China Ltd. to build a branch in Chicago.
StanChart would be welcomed in Singapore, but basing itself there could upset Hong Kong (where it, along with HSBC and Bank of China, issues bank notes) and India, its biggest source of profits, where it also has a stockmarket listing.
With a bit of tarting up, Bank of China and China Construction Bank will, it is hoped, make for an initial public offering (IPO) that investors (foreigners included) cannot refuse.
Over the past few years, state-owned financial institutions, mainly the Export-Import Bank of China and the China Development Bank, have extended tens of billions of dollars to Brazil, Russia and Kazakhstan, among other countries.
"Bank of China has sent North Korea's Foreign Trade Bank a notice that it has closed its account and has also halted all fund transfers related to this account, " Bank of China said on Tuesday.
Industrial and Commercial Bank of China has bought 20% of Standard Bank, a South African lender and the continent's biggest bank by assets, and now offers renminbi accounts to expatriate traders.
Bank of China, the country's largest foreign-exchange bank, said that its net profit climbed 12% on-year in 2012, higher than analyst expectations. 2012 net profit at Agricultural Bank of China, China's largest rural lender by assets, came out a touch lower than expectations.
His musical paean to the virtues of China Merchants Bank is already a staple of CCTV, and, in Shanghai, his face is on the side of hundreds of buses, a smiling endorsement of a mineral water from Tibet.
With Beijing traditionally having kept tight control over foreign exchange, CDB and to a lesser extent the Export-Import Bank of China, a fellow policy bank have dominated the funding of overseas projects and investments of Chinese firms.
As an international banking expert, a rarity in China, he was also invited to be an independent director of the Bank of China in Hong Kong.
For example, the People's Bank of China's bank reserve requirements are at a record high at 21%, and with inflation starting to slow in the past few months, Beijing could be more comfortable about easing monetary policy.
"We should avoid any excuse that might lead to the revitalization of trade protectionism, " said Su Ning of the People's Bank of China, the country's central bank.
Like his predecessors, he worries that overt pressure would undermine advocates of reform inside China, principally the People's Bank of China, and erode co-operation on other issues such as Iran and North Korea.
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The state-run Bank of China Ltd. has notified the Foreign Trade Bank of North Korea that its account or accounts were being closed and all financial transactions suspended, said a bank spokeswoman, reading a brief statement.
But it is in fact a quote from Hu Xiaolian, deputy governor of the People's Bank of China (PBOC), the country's central bank.
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Singapore has stakes in banks like Standard Chartered, Barclays, even Bank of China and China Construction Bank.
Large, state-controlled lenders China Development Bank Corp. and Export-Import Bank of China are planning to pitch dim-sum bonds in London to investors, said people familiar with the matter.
Reports say that Bank of China and Seng Heng Bank, controlled by Stanley Ho, a Macau casino billionaire who part-owns a casino in Pyongyang, are also under investigation.
On Wednesday, the People's Bank of China, the central bank, held a meeting with senior executives from China's big commercial banks the major underwriters and buyers of Chinese bonds to discuss how to enhance banks' internal risk controls in bond trading, according to the people.
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