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  • October 22, 2014
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Results 1 - 10 of 17 for boc

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  1. BOC stake purchase seen as good bet for Hopu Investment

    Posted Jan 17th 2009, 12:00am by Staff Reporter

    ... close to some senior government officials, it can't be ruled out that he sealed the deal under Beijing's directives.' RBS cashed out from its 4.3 per cent stake in BOC to raise HK$18.48 billion, offering the 10.8 billion shares at HK$1.71 each to institutional investors early this week. Hopu and some other investors bought the BOC stake at a time when western financial ...

  2. BOC buys 30pc of Swiss fund for 9m francs

    Posted Jul 30th 2008, 12:00am by Enoch Yiu

    ... million of assets, including US$179 million in China funds, according to the BOC statement. 'The acquisition was due to the Swiss company's experienced fund management talent pool, mature investment products and location in the private banking centre of Geneva,' BOC spokesman Wang Zhaowen said. 'The acquisition will pave the way for Bank of China to bring ...

  3. US pension giant forms alliance with BOC

    Posted Mar 22nd 2005, 12:00am by Enoch Yiu

    ... Enoch Yiu State Street Corp, the largest United States pension services manager, is to team up with Bank of China Group to offer retirement plan services in the mainland. The pioneering alliance will allow the pension giant to offer administrative and cus ...

  4. SFC seeks trading ban on Tiger Asia

    Posted Apr 27th 2010, 12:00am by Enoch Yiu

    ... the transactions to compensate any affected investors or companies. The SFC said yesterday it had expanded the application to freeze assets to include the HK$8.6 million profit made in the BOC transaction, ... of BOC shares by UBS on December 31, 2008, and by Royal Bank of Scotland in January 13 last year. In both cases, Tiger Asia was provided with details of both placements after being told ...

  5. Top bank post for daughter of former premier

    Posted May 25th 2010, 12:00am by Toh Han Shih

    ... Toh Han Shih Zhu Yanlai, daughter of former premier Zhu Rongji, has been promoted to assistant chief executive of BOC Hong Kong (Holdings). The promotion was made on Thursday, the Hong ... parent BOC in 1997, where she was head of business development of BOC (Canada), and assistant general manager of the Hong Kong and Macau regional office of BOC. Before joining BOC, she worked ...

  6. Bank of China looks to London for polish

    Posted Aug 27th 2004, 12:00am by Staff Reporter

    ... would join former Hong Kong Securities and Futures Commission chairman Anthony Neoh making the first two independent directors of the new Bank of China Ltd (BOC). The new shareholding company ... and was awaiting approval from the China Banking Regulatory Commission, sources said. 'BOC would like to benefit from his international prestige,' a banker said of the proposed appointment. Mr ...

  7. Beijing helps lenders cut bad debts

    Posted Jan 14th 2005, 12:00am by Staff Reporter

    ... at the country's 16 largest banks was accomplished only with the help of government-led transfers and sales of 540 billion yuan worth of problem loans on behalf of Bank of China (BOC), China Construction ... Service. According to yesterday's release by the China Banking Regulatory Commission, outstanding non-performing loans at the Big Four state banks- BOC, CCB, Agricultural Bank of China ...

  8. PBOC to finance more loan disposals

    Posted Jun 24th 2004, 12:00am by Staff Reporter

    ... from BOC and CCB with financing provided by the People's Bank of China after beating three other asset managers at an auction on Monday. In January, US$45 billion was transferred from ... 'certain technical details have to be discussed' before Cinda could be declared the winner. The auction marked only the second transfer of NPLs from the Big Four state banks- BOC, CCB, ...

  9. Cinda loan auction fails after snub by investors

    Posted Jun 28th 2005, 12:00am by Staff Reporter

    ... A Great Wall spokesman denied knowledge and Avenue Capital could not be contacted last night. The loans are part of the 149.8 billion yuan of Bank of China (BOC) doubtful loans that Cinda acquired ... them a competitive advantage over other domestic and international investors, it has been argued. Concerns were heightened by Great Wall's winning bid for part of impaired BOC loans ...

  10. China Mobile to buy stake in bank

    Posted Mar 11th 2010, 12:00am by Staff Reporter

    ... telecommunications sector analyst at BOC International, said the operator's share price had climbed modestly since last Friday, a day after Wang said China Mobile was close to buying the stake. ...




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