Bank of Communications Co., Ltd. news

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Bank of Communications Announces Appointment of Wu Wei as CFO
Bank of Communications Co., Ltd. announces that Wu Wei has been appointed as the Chief Financial Officer of the Bank, which is still subject to the final approval by the China Banking Regulatory Commission.
China's Bank of Communications nears deal to buy Brazil's Banco BBM : report
China's Bank of Communications Co., Ltd. (BKFCF.PK, BCMXY) is nearing an agreement to buy control of Brazilian lender Banco BBM SA for about $200 million, Bloomberg reported citing people familiar with matter.
China's BoCom in talks to buy Brazilian lender BBM: Report  Economic Times
Bank of Communications Agrees to Buy 80% Stake in Brazil's BBM
Bank of Communications Co., China's fifth-largest bank, will buy about an 80 percent stake in Brazilian lender Banco BBM SA for about 525 million reais ($173 million).
China's Li brings investment boost to struggling Brazil  Reuters
FSC assures on banks' Hanergy credit exposure
Taiwanese banks have full collateral for the multimillion-dollar syndicated loan to an affiliate of Chinese solar energy conglomerate Hanergy Holding Group Ltd (漢能控股), which saw the shares of one of its subsidiaries tumble on Hong Kong's main ...
Cuts to pay and perks trigger flight from China's state banks
Fifth-ranked Bank of Communications Co Ltd said in January it would link larger portions of pay to performance, prompting "many" to leave, bank employees said.
Deals of the day- Mergers and acquisitions
French telecommunications group Altice SA said it agreed to buy Suddenlink Communications in a deal valuing the company at $9.1 billion, to enter the fast-growing U.S. cable sector. Also, Altice has held talks to buy Time Warner Cable Inc , according ...
Seaport PPP project lures 4 more bidders
The first seaport Public Private Partnership (PPP) project of the Aquino administration has lured Madrid-based OHL Group through Obrascon Huarte Lain (OHL) SA, French-owned Bollore SA, and Portek Systems and Equipment Pte Ltd of Singapore ...
Live: Sensex closes 313 points down; Nifty drops 89 points
Bharti Airtel gains 1.95%, Idea Cellular Ltd is up 1.1% and Reliance Communications Ltd gains 2.6% after telecom minister Ravi Shankar Prasad told the Economic Times that spectrum-sharing guidelines will be taken to Cabinet by the end of June.
Fund Spends 74 Billion/ - On Rural Telecoms
THE Universal Communications Service Access Fund (UCSAF) has spent a total of 36,929,328 USD (approximately 74bn/-) for telecommunication services in rural areas, benefiting over 3.1 million Tanzanians.
Nedbank 'pays lip service to green policy'
Ferrial Adam, 350 Africa and Arab World team leader, says although Nedbank, Standard Bank and Absa/Barclays together provided R10bn of loans for coal projects from 2005 to 2013, Nedbank is being targeted particularly because it calls itself "the only ...