China Construction Bank Co (CCB)

China's big four state banks said to cut dollar deposit rates - THE EDGE SINGAPORE

Banking & finance

China's big four state banks said to cut dollar deposit rates

The move comes at a time when strong demand for the US currency in the banking system helped push the yuan to a six-month low.

M&A

Temasek subsidiary and Bank of China jointly acquire 27 community banks in $321 mil deal

(Aug 28): Fullerton Financial Holdings (FFH), a portfolio company of Singapore investment company Temasek, and Bank of China (BOC) on Tuesday jointly acquired 27 community banks from China Construction Bank Co (CCB).
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