trending Market Intelligence /marketintelligence/en/news-insights/trending/QlrKs7BKy14au3rOivh-YQ2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

China Construction Bank unit acquires 75% stake in metal supplier

Blog

Banking Essentials Newsletter - February Edition, Part 2

Blog

Street Talk – Episode 74: Investor sees legs in strong credit performance, US bank stock rally

Podcasts

StreetTalk – Episode 74: Investor sees legs in strong credit performance, US bank stock rally

Blog

The Evolution of ESG Factors in Credit Risk Assessment: Environmental Issues


China Construction Bank unit acquires 75% stake in metal supplier

unit CCB International (Holdings)Ltd. said April 6 that it completed the acquisition of a 75% stakein metal supplier Metdist Trading Ltd., through subsidiary CCB InternationalSecurities Ltd.

Themetal supplier's name will change to CCBI Metdist Global Commodities (UK) Ltd.A category 1 or ring dealing member of the London Metal Exchange, it will continue to provide afull range of LME derivatives products.

TheLME and LME Clearing Ltd., along with China Construction Bank, had signed amemorandum of understanding in 2015 to cooperate strategically in industrialmetal trading and Chinese yuan clearing services, among other areas.