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.
UPDATE 2-China's BoCom sees tough 2016 as corporate banking dives  Reuters
China's Bank of Communications Seals Deal for Brazil's Banco BBM
China's Bank of Communications Co. BCMXY 7.19 % 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
Bank of Communications Said to Near Acquisition of Brazil's BBM
Bank of Communications Co., China's fifth-largest bank, is nearing an agreement to buy control of Brazilian lender Banco BBM SA for about $200 million, people with knowledge of the matter said.
China's Bank of Communications in talks to buy 80% of Brazilian lender BBM  International Business Times UK
China's Bank of Communications Near Deal for Brazil's Banco BBM  Wall Street Journal
Bank of Communications Said to Let HSBC Name Vice Chairman
Bank of Communications Co. plans to let HSBC Holdings Plc name a vice chairman to its board as the Chinese lender restructures its ownership to give private capital a bigger role, according to people with knowledge of the matter.
BRIEF-Bank of Communications to pay 2015 div on July 13
BRIEF-Bank of Communications to pay 2015 div on July 13. July 6 Bank of Communications Co., Ltd.: * Says it will pay cash dividend of 2.7 yuan per 10 shares (before tax) to shareholders for 2015 as a record of July 12.
Fitch Affirms Bank of Communications, Taipei Branch, at 'AA+(twn)'
KEY RATING DRIVERS NATIONAL RATINGS BOCOM Taipei's ratings and Outlook reflect the credit profile of Bank of Communications Co., Ltd. (BOCOM; A/Stable/F1), which corresponds to 'AA+(twn)' on Fitch's Taiwan national rating scale. The ratings ...
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 ...
China Bank Regulator Said to Resist Push to Cut Loan Buffers
China's banking regulator is resisting lobbying by the nation's biggest lenders to lower a minimum threshold for bad-loan buffers which some of them breached earlier this year, people with knowledge of the matter said.
CFPB Unveils Overhaul of Debt Collection
The rules would require companies to have “more and better information” about the debt they collect and curb “excessive or disruptive” communications with customers. The industry encompasses nearly 9,000 businesses with $13.7 billion in annual revenue, ...
Nintendo Co misses a chance at profits by delaying release of its physical ...
Analysts at Bank of America Corp. were predicting an extra 10.5 billion yen in profit. “Is Nintendo ... While excitement over the game's popularity at one point more than doubled Nintendo's market value, shares have since corrected as the company pared ...