China Bank raises P9.6-B via LTNCD

Australia and New Zealand Banking Group Ltd. (ANZ), The Hong Kong and Shanghai Banking Corp. Ltd. (HSBC), and Standard Chartered Bank acted as joint lead arranger, joint bookrunner and selling agents for the transaction. China Bank, China Bank Capital Corp ... ( read original story ...)

China's Fosun builds stake in Portugal's biggest bank

BCP said Fosun paid 175 million euros ($190 million) for 16.7 percent of the bank's capital. Fosun is considering extending its stake to around 30 percent. The Shanghai-based conglomerate owns Club Med and other businesses in Europe, including Portugal's ... ( read original story ...)