Monthly Archives: January 2009

What future for foreign stakes in China’s banks? – Euromoney

Three key questions arise from the recent sale of stakes in Chinese banks by their global counterparts, two of them widely asked, one not. Observers are wondering what the impact will be on global banks’ relations with China, and what will happen when the lock-ups on foreign bank stakes in ICBC expire in April. Rather fewer are asking if, irrespective of the global lenders’ capital positions, this is anyway a good time to be bailing out of Chinese banks…