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It would also be a great way to gain access to China Construction Bank's list of commercial banking customers, to which Bear could sell an array of banking, custody and other services, including underwriting stock offerings.
FORBES: Bear Stearns' Big Strategy
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We believe that this premium is largely due to the weak short-term outlook for global custody banking.
FORBES: Three Key Drivers To BNY Mellon's $27 Stock Value
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We believe that this premium is largely due to the weak short-term outlook for global custody banking, coupled with the deteriorating European debt situation.
FORBES: State Street Munches On More Assets With Goldman's Fund Admin Business
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The firm is a leader in investment banking, asset management, private banking, private equity, custody and transaction services and retail and middle market financial services.
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