China Daily
ICBC gets nod to buy 80% stake in BEA
The Industrial and Commercial Bank of China (ICBC), the world's largest lender by market value, said Thursday its purchase of an 80-percent stake in the Bank of East Asia (BEA) had won approval from the U.S. authority.
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FTD
ICBC: Chinesen kaufen ihre erste amerikanische Bank
Die Industrial and Commercial Bank of China hat zum ersten Mal in der Geschichte der Volksrepublik ein amerikanisches Geldinstitut gekauft - die Hongkonger Bank of East Asia. Außerdem eröffnet sie eine weitere Vertretung in den USA.
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China Daily
Chinese banks nodded to expand in US
The US Federal Reserve approved ICBC to purchase Bank of East Asia USA, and two other large Chinese banks to expand business in US market.
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THE GLOBE AND MAIL
ICBC workers vote in favour of job action
Union representing the workers says no immediate plans to issue strike notice or take specific job action over a contract dispute
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WSJ
Temasek Buys ICBC Stake
Temasek, Singapore's sovereign-wealth fund, agreed to pay $2.3 billion for a stake in ICBC from Goldman Sachs.
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WSJ
Goldman Sachs vende la mitad de su participación en el banco chino ICBC
Goldman Sachs Group Inc. vendió el lunes antes de la apertura de los mercados en Asia cerca de la mitad de su participación restante en Industrial & Commercial Bank of China, lo que constituye su cuarta gran venta de las acciones del banco chino desde 2009.
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WSJ
ICBC Remains an Interesting Investment
For Goldman, seizing an opportunity to lock in profits on its ICBC investment makes sense. But Temasek's purchase signals that for investors with a long time horizon, China's better banks aren't a bust.
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Reuters
Temasek buys $2.3 billion of ICBC shares from Goldman
HONG KONG/SINGAPORE (Reuters) - Singapore state investor Temasek bought $2.3 billion worth of ICBC's Hong Kong-listed shares from seller Goldman Sachs , piling into three of China's top four banks and raising its bet on the world's second-biggest economy.
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FT
Temasek takes bigger slice of ICBC
Goldman Sachs offloads part of its stake in Chinese bank, a move that will allow Goldmans to take profits on a lucrative investment as part of the trade-off
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Le Point
Singapour: Temasek porte à 1,3% sa part dans la banque chinoise ICBC
La holding d'investissements de Singapour, Temasek, a annoncé lundi...
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Telegraph
Temasek buys $2.3bn stake in ICBC from Goldman
Temasek, the Singapore state's sovereign wealth fund, has bought $2.3bn worth of Industrial and Commercial Bank of China shares from seller Goldman Sachs.
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Les Echos
Cette nuit en Asie : ICBC, le yuan décroche, CSR, Banque de Corée...
Goldman Sachs se désengage d'ICBC La banque américaine a annoncé qu'elle allait vendre pour 2,5 milliards de dollars de titres ICBC. C'est la quatrième vente de titres opérée par Goldman depuis son entrée au capital du mastodonte chinois, en 2006. Ce retrait de la première banque chinoise (et...
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WSJ
Temasek to Buy ICBC Stake From Goldman
Temasek said it agreed to pay $2.3 billion for a stake in ICBC from Goldman Sachs. The deal will give the Singapore state investment firm 5.3% of ICBC's H shares.
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BBC
Temasek to buy $2.3bn ICBC shares
Singapore's Temasek Holdings agrees a deal to buy $2.3bn worth of Goldman's shares in Industrial and Commercial Bank of China.
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Reuters
UPDATE 1-Temasek buys $2.3 bln of ICBC shares from Goldman
HONG KONG, April 16 (Reuters) - Temasek Holdings
added a sizeable China bank stake to its financial institutions
portfolio, scooping up a 5.3 percent chunk of ICBC's
Hong Kong-listed shares from...
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Irish Times
IDA secures deal with China bank
The IDA signed a memorandum of understanding with the world's biggest bank, ICBC, on the final day of a trade mission to China led by Taoiseach Enda Kenny with Minister for Jobs, Enterprise and Innovation, Richard Bruton.
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The Nation
Gas surcharge an option to raise funds
ISLAMABAD - Minister for Petroleum and Natural Resources Dr Asim Hussain on Thursday confirmed that the Industrial and Commercial Bank of China (ICBC) had stopped financing the Iran-Pakistan gas pipeline project, but the government could opt to collect the funds through imposing gas surcharge.
The minster informed the National Assembly that the circular debt of the Petroleum Sector currently .....
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Slashdot
Canada's Massive Public Traffic Surveillance System
New submitter cqwww writes "A small magazine in Victoria, BC just uncovered a massive public traffic surveillance system deployed in Canada. Here's a quote from the article: 'Normally, area police manually key in plate numbers to check suspicious cars in the databases of the Canadian Police Information Center and ICBC. With [Automatic License Plate Recognition], for $27,000, a police cruiser is...
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Handelsblatt
Chinesische Großbank: ICBC will in Deutschland wachsen
Die Industrial and Commercial Bank of China expandiert in Europa. Eine Beteiligung an einer Bank schließt ICBC-Deutschland-Chef Liu aber aus. Stattdessen könnte die ICBC an einem kleineren Institut interessiert sein.
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Mail & Guardian
ICBC sets up in Standard's back yard
Standard Bank's foreign shareholder, the Industrial and Commercial Bank of China, has 107-million individual internet banking customers.
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THE GLOBE AND MAIL
Attacks on Justice Institute connected to ICBC employee say RCMP
Suspect was fired for accessing personal information on 13 people targeted in the attacks, none of whom were injured
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ElPais
El Banco Industrial y Comercial de China abrirá una sucursal en Barcelona
El Banco Industrial y Comercial de China (ICBC) tiene previsto inaugurar una nueva oficina en el centro de Barcelona antes del verano de 2012, informan fuentes del mercado inmobiliario. Esta sucursal sería la segunda del grupo financiero en España, después de que a principios de año abriera una oficina en el madrileño Paseo de Recoletos.
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Reuters
Goldman selling up to $1.54 billion in China ICBC stake
HONG KONG (Reuters) - Goldman Sachs Group Inc is selling up to $1.54 billion worth of Industrial & Commercial Bank of China Ltd. stock, the Wall Street firm's third sell-down of the world's largest...
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