Bank of China buys fund manager from subsidiaries

Banking, Finance and Insurance

Saturday, August 30, 2008 05:58:49

	Bank of China buys fund manager from subsidiaries By STAFF EDITOR Published: January 17, 2008 12:00 PM Bank of China has bought an 83.5% stake in BOC International Investment Managers (BOCIIM), a fund management company previously owned by two of its subsidiaries, China Business Net reported. It bought a 67% stake in the fund manager owned by BOC International Group and a 16.5% stake owned by BOC International (China) ... You are currently reading 50 words of 152 total words in this article. To continue reading this article, you must be a subscriber. Log in now. Buy this article now for $10 USD. Not a subscriber? Start your 7-day free trial now. bookmark \| digg \| Permalink \| Tell a Friend Tags for this article: China Banking , investment , insurance , Bank of China , management , China Mergers and Acquisitions	More Articles in Banking, Finance and Insurance > Today’s Daily Briefs E-Mail Sign up for a roundup of the day’s top stories, sent every day. RELATED ARTICLES > Standard Chartered offers unsecured loans to Chongqing SMEs Beijing Rural Bank’s Q1 net profit up 38% Changsha Bank sells 20% stake to French counterpart New China Life’s Shanghai premiums up 184.4% in 1H Shandong farmers pay RMB182m for farm insurance in 1H Liaoning garment maker takes 8.8% of life insurer Only 10% of 1.5b China bank cards active: Expert

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