Bank of Communications Co., Ltd. news

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Bank of Communications Has Unexpected Profit on Loan Growth
Bank of Communications Co., China's fifth-largest lender, reported an unexpected 1.4 percent increase in fourth-quarter profit as higher income from loans and fee-based services offset surging bad-loan charges.
China's Bank of Communications Seals Deal for Brazil's Banco BBM
China's Bank of Communications Co. BCMXY 5.63 % said it has bought 80% of midsize Brazilian bank Banco BBM S.A. for $173 million, in the first overseas acquisition by the mainland bank.
Bank of Communications Agrees to Buy 80% Stake in Brazil's BBM  Bloomberg
China's BoCom buys 80 pct of Brazil's BBM in $173 mln deal  Reuters
China's Bank of Communications Holds Back Tide of Bad Loans
Bank of Communications Co., China's fifth-largest lender, held back a tide of bad debt in the second quarter but executives cautioned that it was too early to say that the worst was over.
China's Bank of Communications reports flat interim profit growth as bad ...  South China Morning Post
China's BoCom, CCB report near flat first-half profit as margins squeezed  Reuters
BRIEF-Bank of Communications to pay 2015 div on July 13
LISBON, Sept 21 Banco BPI has proposed selling a 2 percent stake in its Angolan unit in a last-ditch bid to secure a takeover by Spain's Caixabank, which has been blocked by Isabel dos Santos, who has a stake of about 20 percent in the Portuguese bank.
Moody's assigns (P)A2 to Azure Orbit III International Finance Limited's ...
Hong Kong, March 10, 2016 -- Moody's Investors Service has assigned a provisional (P)A2 rating to the bonds to be issued by Azure Orbit III International Finance Limited (Azure Orbit III), and guaranteed by Bank of Communications Co., Ltd. Macau Branch ...
HSBC Going Solo in China Credit Cards Boosts Expansion Plan
The London-based company has been working with Bank of Communications, China's fifth-largest lender by assets, since 2004 on businesses including credit cards.
Southern District Finds “Separate Entity Rule” No Obstacle to Foreign ...
In Crescendo Maritime Co. v. Bank of Communications Co. Ltd., the District Court for the Southern District of New York considered, among other things, whether the New York State “Separate Entity Rule” barred the enforcement of arbitration awards ...
JPMorgan, UBS Can't Match China Bank Bonanzas of Decade Ago
Bank of America Corp. and Goldman Sachs Group Inc. more than doubled their money with China Construction Bank Corp. and Industrial & Commercial Bank of China Ltd. stakes respectively in 2005 and 2006 before those firms' shares started trading. History ...
Bocom International Said to Seek Pitches for $200 Million IPO
Bocom International, owned by Bank of Communications Co., is considering listing by the first quarter of next year, the people said.
Moody's assigns first-time A2/P-1 ratings to BoCom Leasing
Hong Kong, September 01, 2016 -- Moody's Investors Service has assigned an A2 long-term issuer rating and a Prime-1 short-term issuer rating to Bank of Communications Financial Leasing Co Ltd (BoCom Leasing). The outlook is negative, in line with the ...