trending Market Intelligence /marketintelligence/en/news-insights/trending/fjo-rwnpucchefuuyz2rbg2 content esgSubNav
In This List

Bank of Communications unit BOCOM Investment starts operations

Podcast

Street Talk Episode 87

Blog

A New Dawn for European Bank M&A Top 5 Trends

Blog

Insight Weekly: US banks' loan growth; record share buybacks; utility M&A outlook

Blog

Banking Essentials Newsletter 2021: December Edition


Bank of Communications unit BOCOM Investment starts operations

Bank of Communications Co. Ltd. unit BOCOM Financial Asset Investment Co. Ltd. started operations on Feb. 5 after receiving regulatory approval in December 2017.

BOCOM Investment is mainly engaged in debt-to-equity swaps and other supporting businesses, according to a Feb. 5 release. It has a registered capital of 10 billion yuan.

As of Feb. 5, US$1 was equivalent to 6.29 Chinese yuan.