Industrial & Commercial Bank of China agreed to buy control of Bank of East Asia's Canadian unit, gaining a foothold in North America with its first acquisition there.
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Malaysia’s biggest lender, Malayan Banking, is set to buy a controlling stake in Bank Internasional Indonesia, or BII, for $1.5 billion, gaining a foothold in Southeast Asia’s biggest economy. Maybank, which is buying t... Read Post
Industrial and Commercial Bank of China said Friday that it had agreed to pay the South African lender Standard Bank $600 million to take control of three financial units in Argentina. Read Post
The Federal Reserve Bank of New York opened the door for China's biggest bank to establish a presence in the United States on Wednesday, allowing the Industrial and Commercial Bank of China to buy an American institution. Read Post