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CITIC ACQUISITION
CLSA set to vanish as brand after 40 years in Asian brokerage: ReportHong Kong-based CLSA will be rebranded under Citic Securities from 2027, ending a brokerage brand known for its distinctive culture and str...- Former banker in China sentenced to death for taking bribesFormer banker sentenced to death for accepting bribes at China Huarong International Holdings amid President Xi Jinping's anti-corruption d...
- CLSA’s five-year plan shows communist China is in chargeNearly a decade on, there’s no better example of how the Chinese government can transform a financial firm than CLSA itself.
- China regulator encourages brokerages, mutual funds to merge: mediaThe China Securities Regulatory Commission (CSRC) aims to solve the problem of competition among industry peers with the move.
- China wants its own Goldman Sachs. It has a big headache insteadFor the executives at Citic’s CLSA unit who sat listening to Zhang in silence, it also marked the end of a tumultuous three-year relationsh...
- China's Amer, CITIC line up rival bid for Southampton - sourceSOCCER-ENGLAND-SOU-CHINA:China's Amer, CITIC line up rival bid for Southampton - source
- China's Amer, CITIC line up rival bid for Southampton - sourceSOCCER-ENGLAND-SOU-CHINA:China's Amer, CITIC line up rival bid for Southampton - source
- Reliance Communications ’s talks on cable asset sale to China’s Citic Telecom stalledThe Chinese company’s staterun parent, Citic Ltd., appointed two new directors to its board in December. The situation is fluid and the neg...
- Sany acquires German company PutzmeisterSany Heavy Industry, a major Chinese manufacturer of construction equipment will acquire the German concrete pump maker, Putzmeister Holdin...
- ArcelorMittal-Peabody secure clearances for Macarthur takeoverArcelorMittal and Peabody have received all regulatory approvals for their targeted acquisition of Macarthur Coal of Australia .
- Ex-Morgan Stanley banker jailed for 7 years in HKAn ex-Morgan Stanley banker was sentenced Friday to seven years in prison in Hong Kong's biggest insider trading case, an ``unprecedented''...
- Morgan Stanley banker jailed for 7 years for insider dealingA Hong Kong court on Friday sentenced a former senior banker at Morgan Stanley to seven years in jail - the heaviest punishment it can impo...
- Morgan Stanley banker convicted of insider dealingA Hong Kong court on Thursday convicted a former senior banker at Morgan Stanley of insider dealing over a large Chinese overseas acquisiti...
- Air China hikes Cathay stake, expands presence in HKAir China, the world’s biggest carrier by market value, will invest HK$6.3 billion ($813 million) to raise its stake in Cathay Pacific Airw...
- Morgan Stanley in talks to sell stake to ChinaMorgan Stanley is in talks to sell a stake of up to 49 per cent to China's sovereign wealth fund, a newspaper reported on Friday.
- Nomura considering stake in Lehman: ReportNomura Holdings Inc., Japan's largest brokerage group, is considering buying a stake in U.S. investment bank Lehman Brothers, a Japanese ne...
- Citic seeks more stake in Bear Stearns after stock slideCitic Securities, China's top brokerage by assets, is back in talks to get a bigger stake in Bear Stearns as the Wall Street bank's shares ...
- Chinese insurer Ping An to raise $22 bn for acquisitionsA major Chinese insurer has announced plans to raise up to $22 billion for acquisitions at a time when US and European banks, battered by m...
- Chinese cos claim half of top 10 listChina Life Insurance surpassed AT&T in market value, giving China five of the world’s 10 largest companies, compared to three for the US.
- China Citic Group likely to bid for Bear Stearns stakeChina Citic Group, the overseas investment arm of the Chinese cabinet, may buy a stake in Bear Stearns, the US securities firm hit the hard...
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