Commercial Bank of China

Deals, joint ventures & alliances

BlackRock, Temasek to take majority stake in wealth management JV with China Construction Bank

(Dec 23): US asset manager BlackRock Inc, Singapore state investor Temasek Holdings and China Construction Bank Corp (CCB) have agreed to set up a wealth management joint venture in China, said people with direct knowledge of the matter.

China’s big banks beat profit estimates as bad loans curbed

(Aug 30): Resilient economic growth and a government campaign against excessive leverage are helping China’s largest banks, curbing their bad loans and underpinning their net interest margins.
×