Posts Tagged ‘

CDB

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Barclays flops

Posted by Sam Jones on Jul 18 08:37. Comment.

A 19 per cent takeup from existing shareholders for Barclays clever clawback scheme is a rather pitiful affair. So much for avoiding the pitfalls of a rights issue.

With the shares trading below the offer price, More…

Qataris take up to 10% of Barclays

Posted by Gwen Robinson on Jun 26 05:45. Comment.

Qatari investors are poised to own up to 10% of Barclays after Middle Eastern and Asian groups agreed to support the bank’s £4.5bn share issue. The Qatar Investment Authority and Hamad bin Jassim Bin Jaber Al Thani, More…

Backlash against the backlash: More on SWFs

Posted by Gwen Robinson on Feb 28 09:16. Comment.

It seems the latest trend in the world of SWF backlash is to draw up a voluntary (or possibly non-voluntary) code of conduct for your country to impose on all those appalling foreigners who want to shore up your flailing banks and moribund companies. More…

Peace in our time for Anglo American?

Posted by Paul Murphy on Feb 04 09:14. Comment.

Presumably it beats inviting the Chinese onto your shareholder register via a dawn raid, undertaken to scupper a hostile takeover…

Anglo American and China Development Bank on Monday unveiled a Memorandum of Understanding, More…

China’s CDB seals Nigeria deal

Posted by Helen Thomas on Oct 31 05:13. Comment.

China’s drive into Africa’s financial services sector has taken a fresh turn, with China Development Bank entering a partnership with United Bank for Africa, one of Nigeria’s biggest lenders. The deal expands the Chinese bank’s ability to finance infrastructure projects in Africa and follows last week’s announcement that ICBC, More…

China to inject billions into banks

Posted by Gwen Robinson on Aug 07 05:39. Comment.

China is preparing a second round of billion-dollar cash injections from its bulging foreign exchange reserves into state banks, according to state-owned media. China Development Bank, the first of China’s policy banks to be made to operate on a commercial basis, More…