日韩午夜精品视频,欧美私密网站,国产一区二区三区四区,国产主播一区二区三区四区

Tools: Save | Print | E-mail | Most Read
ICBC, Goldman Sachs Team up
Adjust font size:

Industrial and Commercial Bank of China, the country's largest lender by assets, has entered a strategic cooperation agreement with Goldman Sachs Group Inc as more overseas financial players vie for China's lucrative banking sector.

The two sides set up a commission to implement cooperation. ICBC's President Yang Kaisheng and Goldman Sachs' Asia Chairman Michael Evans will act as co-heads of the commission, ICBC said in a statement yesterday.

The two sides set up seven teams to carry out the cooperation in different areas such as risk management, assets management, investment banking and training.

"ICBC's pursuit of overseas investors is not only for capital but also for international expertise and technology to boost its corporate management," said Jiang Jianqing, chairman of ICBC, in the statement.

Goldman Sachs, Wall Street's No. 1 financial adviser, will help ICBC create a more efficient organization including improving information disclosure practice.

The two sides will also make use of each other's clients in investment banking, including selling assets-backed securities.

Evans said in the statement that the commitment to ICBC is unprecedented. It will send its best professionals to partake in the cooperation.

ICBC's affiliate Hong Kong-listed ICBC (Asia) Ltd will also team with Goldman Sachs to issue bonds and raise capital.

In January, ICBC said a Goldman Sachs-led group including Allianz AG and American Express Co would buy a 10 percent stake in the bank for US$3.78 billion.

(Shanghai Daily March 18, 2006)

Tools: Save | Print | E-mail | Most Read

Related Stories
ICBC: No Intention for More Foreign Strategic Partners
Goldman Sachs May Snag Bank IPO
ICBC Expects 11% Earning Hike in 2006
Foreign Consortium to Invest US$3.78 bln in ICBC
Foreign Trio Invest US$3.78b in ICBC

Product Directory
China Search
Country Search
Hot Buys
SiteMap | About Us | RSS | Newsletter | Feedback
SEARCH THIS SITE
Copyright ? China.org.cn. All Rights Reserved ????E-mail: webmaster@china.org.cn Tel: 86-10-88828000 京ICP證 040089號
主站蜘蛛池模板: 延长县| 长子县| 泰顺县| 长兴县| 得荣县| 涡阳县| 多伦县| 南漳县| 东乌| 冷水江市| 龙井市| 巩义市| 临沧市| 娄底市| 安吉县| 丰宁| 东平县| 江北区| 深泽县| 中卫市| 沾化县| 芦溪县| 垫江县| 玉田县| 绥化市| 盐边县| 三穗县| 绥棱县| 砀山县| 舟曲县| 广平县| 皮山县| 关岭| 喀喇| 西昌市| 漳平市| 柏乡县| 罗田县| 平遥县| 外汇| 会理县|