ICBC Industrial & Commercial Bank of China Ltd

Type: Company
Name: ICBC Industrial & Commercial Bank of China Ltd (Industrial & Commercial Bank of China Limited)
First reported 8 hours ago - Updated 3 hours ago - 6 reports
Goldman Sachs Group Inc
Goldman Sachs Group Inc

Goldman Sachs NYSE:GS Sell China Bank

Goldman’s CEO Lloyd Blankfein said Thursday despite ending a seven-year investment in Industrial & Commercial Bank of China Ltd. HK:1398.HK, SH:601398.SH, Goldman Sachs Group Inc. remains committed to growing in China.In a TV interview Thursday, Mr. Blankfein ... [Published Live Trading News - 3 hours ago]
First reported 10 hours ago - Updated 10 hours ago - 2 reports

Goldman Sachs Committed to China After ICBC Sale, Blankfein Says

ldman Sachs Group Inc. (GS) ldman Sachs this week sold a $1.1 billion stake in ICBC, the world’s largest lender by market value, a person familiar with the matter said. The firm reaped about $12 billion in sales proceeds and dividends from its $2.58 billion ... [Published BusinessWeek - 10 hours ago]
First reported May 22 2013 - Updated 12 hours ago - 2 reports

Yi Huiman Takes over China's Largest Bank

CRIENGLISH.com Web Editor: Luo DanThe Industrial and Commercial Bank of China $C or ICBC has announced that Yi Huiman as the next president of China's biggest lender, taking over from the long-serving Yang Kaisheng.The Industrial and Commercial Bank of ... [Published CRI Online - 12 hours ago]
First reported 20 hours ago - Updated 18 hours ago - 3 reports
ICBC Industrial & Commercial Bank of China Ltd
ICBC Industrial & Commercial Bank of China Ltd

ICBC Chinas Largest Bank by Assets Promotes Vice President to President

ICBC, China's Largest Bank by Assets, Promotes Vice President to PresidentIndustrial & Commercial Bank of China Ltd. (1398.HK), China's largest bank by assets, has appointed vice president Yi Huiman as president, replacing Yang Kaisheng who will retire.Mr. ... [Published Birmingham Star - 18 hours ago]
First reported May 22 2013 - Updated 19 hours ago - 2 reports
Yang Kaisheng
Yang Kaisheng

ICBC (01398) engages Yi Huiman as president

(Infocast News) Industrial and Commercial Bank of China Limited (01398) announced that at the meeting of the board held on 22 May 2013, vice president Yi Huiman has been engaged as president of the bank. The board also resolved that Yi Huiman will act ... [Published Kingston Securities - 19 hours ago]
First reported May 21 2013 - Updated May 22 2013 - 5 reports
Temasek Holdings Pte Ltd
Temasek Holdings Pte Ltd

Temasek buys ICBC shares from Goldman Sachs

Temasek Holdings Ltd, an Asian investment firm headquartered in Singapore, increased its stake in Hong Kong-listed Industrial and Commercial Bank of China (ICBC) from 6.71 to 7.04 percent.This is the third time in a year that it has increased its stake ... [Published CHINAdaily - May 22 2013]
First reported May 21 2013 - Updated May 22 2013 - 7 reports
China Construction Bank Corp
China Construction Bank Corp

Temasek boosts stake in ICBC as Goldman ends its investment

Temasek Holdings, Singapores state-owned investment company, boosted its stake in Industrial & Commercial Bank of China for the third time in a year as Goldman Sachs Group Inc. exited its seven-year-old investment.Temasek bought 280 million shares in ... [Published The Edge Singapore - May 22 2013]
First reported May 21 2013 - Updated May 21 2013 - 5 reports

Goldman Sachs said to have sold stake in ICBC

Goldman Sachs Group Inc ended a seven-year investment in Industrial & Commercial Bank of China Ltd (ICBC, 中國工商銀行) by selling a US$1.1 billion stake in the world’s largest lender by market value, a person familiar with the matter said.The US bank sold ... [Published Taipei Times Online - May 21 2013]
First reported May 21 2013 - Updated May 21 2013 - 4 reports

Temasek Bought US$198 Million Of ICBC Shares Sold By Goldman Sachs

HONG KONG--Singapore state investment company Temasek Holdings Pte. Ltd. bought part of the shares sold by Goldman Sachs Group in Industrial & Commercial Bank of China Ltd. (>> Industrial and Commercial Bank of China), in its latest acquisition ... [Published 4 Traders - May 21 2013]
First reported May 21 2013 - Updated May 21 2013 - 9 reports

Hong Kong shares end down 0.5 pct from 3-1/2-month high

Hong Kong shares fell from a 3-1/2-month high on Tuesday, hurt by a series of fund raising moves and Goldman Sachs' exit from Industrial and Commercial Bank of China.The Hang Seng Index closed down 0.5 percent at 23,366.4 points after closing on Monday ... [Published GulfBase - May 21 2013]
First reported May 21 2013 - Updated May 21 2013 - 4 reports

Goldman ‘selling $1.1bn stake in Chinese bank’

HONG KONG — Goldman Sachs Group is seeking to end a seven-year investment in Industrial & Commercial Bank of China (ICBC) by selling a $1.1bn stake in the world’s largest lender by market value, says a person with knowledge of the matter.Bloomberg reported ... [Published BDlive - May 21 2013]
First reported May 21 2013 - Updated May 21 2013 - 9 reports

Goldman exits China's ICBC, 7 years and billions later - Sharenet

...the laws have been finalised or not. Goldman also has a securities joint venture and a 12 percent stake in Taikang Life Insurance Co. Other foreign banks still have holdings in Chinese lenders. Among them, HSBC Plc owns a 19.9 percent holding in.. ... [Published Liberty Group Limited - May 21 2013]

Quotes

"Well, first of all, catch the wave when it comes-- I don't know if you've been watching but there has been a wave and it's been going on for quite some time. It may be interrupted. ICBC, again, is not the key to our interest in China or the big reflection of it. ICBC was an investment we made at a time when China was taking its banking system public and was looking for partners-- really, kind of quasi-strategic partner-- to help-- not only provide investment capital but also expertise. And so they wanted firms like ourselves. And there were other financial institutions that partnered with other banks. And so we ended up holding that investment for a while. But through that investment we became very close with important people in the banking system. And we maintain that relationship today. We're investing in China because China-- I was going to say it's the future-- but it's a big part of the present as well."
BLANKFEIN: Don't Worry, Goldman Isn't Giving Up On China Yet [Published Business Insider - 5 hours ago]
Li also testified Thursday that he did not know Li Zhijun, the manager of the Shenzhen securities firm. "My wife kept in touch with him, but I never talked to him in person" Li said when answering the prosecutor's questions
Testimony dropped in ‘rat trading’ case [Published Global Times - 5 hours ago]
"Well, first of all, catch the wave when it comes-- I don't know if you've been watching but there has been a wave and it's been going on for quite some time.  It may be interrupted. ICBC, again, is not the key to our interest in China or the big reflection of it."
BLANKFEIN: Don't Worry, Goldman Isn't Giving Up On China Yet [Published Clusterstock - 5 hours ago]
"Get ValueWalk's Daily Edition By Email and Never Miss Our Top Stories"
Lloyd Blankfein: Goldman Committed To China After ICBC Sale [Published Value Walk - 6 hours ago]

More Content

All (890) | News (796) | Reports (12) | Blogs (59) | Audio/Video (4) | Fact Sheets (11) | Press Releases (6)
sort by: Date | Relevance
China Railway floats 1st batch of bonds via auc... [Published Shanghai Daily - 22 mins ago]
Man alters story over insider trading [Published Shanghai Daily - 2 hours ago]
Government issues warning against bogus email [Published HongKong Business - 2 hours ago]
Goldman Sachs NYSE:GS Sell China Bank [Published Live Trading News - 3 hours ago]
World's largest bank ICBC to buy Turkey's Tekst... [Published Zaman - 5 hours ago]
BLANKFEIN: Don't Worry, Goldman Isn't Giving Up... [Published Business Insider - 5 hours ago]
Testimony dropped in ‘rat trading’ case [Published Global Times - 5 hours ago]
BLANKFEIN: Don't Worry, Goldman Isn't Giving Up... [Published Clusterstock - 5 hours ago]
Lloyd Blankfein: Goldman Committed To China Aft... [Published Value Walk - 6 hours ago]
Deals - 23 May 2013 [Published In House Community - 6 hours ago]
ICBC Singapore to start yuan clearing bank serv... [Published Today Online - 7 hours ago]
China Economy in for a Shock [Published Live Trading News - 8 hours ago]
Blankfein: ICBC Not Key to Our Interest in China [Published BusinessWeek - 8 hours ago]
Asian Markets Tumble; Nikkei Plunges 7.3% [Published Morningstar.com - 8 hours ago]
BLANKFEIN: Goldman Committed to China After ICB... [Published 4 Traders - 8 hours ago]
Goldman Sachs Committed to China After ICBC Sal... [Published BusinessWeek - 10 hours ago]
Goldman Sachs Committed to China After ICBC Sal... [Published Bloomberg via Google News - 10 hours ago]
Citic-led consortium to buy AsiaInfo-Linkage fo... [Published telecomasia.net - 11 hours ago]
Cheung will quit if need be, not before [Published Hong Kong Standard - 12 hours ago]
Yi Huiman Takes over China's Largest Bank [Published CRI Online - 12 hours ago]
China Railway Corp debuts bond issuances [Published Xinhua News Agency - 13 hours ago]
Malaysia leads the way in Basel III debt [Published Yahoo! UK and Ireland - 13 hours ago]
Asian Stocks Extend Losses; China Data, Fed in ... [Published Morningstar.com - 14 hours ago]
Hong Kong Short Selling Turnover Recorded 05/23... [Published BusinessWeek - 15 hours ago]
ICBC loses Goldman Sachs investment [Published Asian Banking and Finance - 18 hours ago]
Herbert Smith Freehills advises on State Grid's... [Published Herbert Smith LLP - 18 hours ago]
ICBC Chinas Largest Bank by Assets Promotes Vic... [Published Birmingham Star - 18 hours ago]
ICBC (01398) engages Yi Huiman as president [Published Kingston Securities - 19 hours ago]
Regal REIT (01881) lists US$150M guaranteed not... [Published CCB International - 19 hours ago]
ICBC, China's Largest Bank by Assets, Promotes ... [Published FOXBusiness.com - 20 hours ago]
1 2 3 4 5 6 7 8 9 10 ...
In Focus
  •  
Lloyd Blankfein, David Black, Yang Kaisheng, [more]
  •  
Goldman Sachs Group Inc, Temasek Holdings Pte Ltd, China Construction Bank Corp, [more]
  •  
People's Bank of China, China Banking Regulatory Commission, Federal Reserve System, [more]
  •  
Stocks, Leasing, Index, [more]
  •  
Airbus A320, Bloomberg TV, S&P 500, [more]
  •  
Shanghai, Beijing, Kitimat (Canada), [more]
  •  
China, Hong Kong, Singapore, [more]
  •  
Financial Reporting, Market Updates, Mergers & Acquisitions, [more]
  •  
Banking & Financial Services, Energy, IT, [more]
4 Traders, WSJ.com: What's News Asia, Individual.com, [more]
Content Volume
Document Volume
Network
Network

Blogs

sort by: Date | Relevance
BLANKFEIN: Don't Worry, Goldman Isn't Giving Up... [Published Clusterstock - 5 hours ago]
Last night's bad PMI number seems to have been the tipping point in a recent build up of bad Chinese data that came in last month. This morning, the Nikkei fell by 7.3%, and markets around Europe are down as well. News from Goldman Sachs earlier ...
The (early) Lunch Wrap [Published FT Alphaville - May 21 2013]
Oklahoma tornado kills dozens and flattens town ||Congress accuses Apple of avoiding billions in tax||U.S. and Europe prepare to settle Chinese solar panel cases||US corn rush threatens prices||Vodafone to reinvest £2.1bn Verizon dividend||Qatar buying ...
Goldman Said In ICBC Exit With $1.1bn Sale [Published Here is the city - Business News - May 21 2013]
Goldman Sachs ended a seven-year investment in Industrial & Commercial Bank of China by selling a $1.1bn stake in the world’s largest lender by market value, a person familiar with the matter said....   read more > ...
4 Financial Stock Stories to Kick Off the Tradi... [Published Wall St. Cheat Sheet - May 20 2013]
Goldman Sachs Group ( NYSE:GS ): Current price $158.64 On Monday, Goldman Sachs initiated the divestiture of around $1.1 billion worth of Hong Kong-traded shares in Industrial and Commercial Bank of China, offering to sell 100 percent of its remaining interest ...
Goldman Is Selling The Last Of Its Stake In A C... [Published Clusterstock - May 20 2013]
Goldman Sachs bought a stake in the Industrial and Commercial Bank of China before it was cool — before it had the 2nd largest IPO in the history of the world in 2006, and before it was the largest bank in the world by market cap. Initially, ...
1 2 3 4 5 6 7 8 9 10 ...

Audio/Video

sort by: Date | Relevance
Goldman Sachs Selling ICBC Stake, and More [Published WSJ.com Video - News - May 20 2013]
Standard Bank - Hot or Not [Published ABN Digital - Video - Apr 09 2013]
China the promised land? Not for Goldman Sachs [Published Reuters Video: Business - Jan 29 2013]
Standard Bank - Hot or Not [Published ABN Digital - Video - Jan 17 2013]
1

Press Releases

sort by: Date | Relevance
Industrial and Commercial Bank of China Limited... [Published PR inside - May 21 2013]
MoneyGram, CUP International Expand Overseas Em... [Published Business Wire - May 21 2013]
Ingram Yuzek Scores Victory for Bank of East As... [Published PR Newswire: Financial Services - May 01 2013]
AIG Confirms Discussions to Sell a 90 Percent S... [Published EON Business - Dec 07 2012]
AIG Confirms Discussions to Sell a 90 Percent S... [Published Business Wire Professional Services News - Dec 07 2012]
1 2
About
Silobreaker
Press Room
Products
Online Service
On-Premises Software
Contact Us
Sales
Support
Legal
Terms of Use
Privacy Policy


Freebase CC-BY Some image thumbnails are sourced from Freebase, licensed under CC-BY

Copyright (C) 2013 Silobreaker Ltd. All rights reserved.
The selection and placement of stories and images on any Silobreaker page are determined automatically by a computer program.
The time or date displayed reflects when an article was added to or updated in Silobreaker.