Thu, Jul 27, 2017
A A A
Welcome mteam
RSS

Sovereign Wealth Funds Briefing - Categorized | Financials, Market

Temasek’s stake sale another blow

Posted on 07 July 2011

Singapore state investor Temasek Holdings solds takesintwo of China’s biggest banks on Wednesday to raise $3.6 billion, piling more pressure on mainland lenders amid concerns about rising bad debts.
The sale of stakes in Bank of China and China Construction Bank (CCB) reduces Temasek’s big exposure to the financial sector and adds to a growing warchest as it boosts focus on resources……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 19873 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
banner
July 2017
M T W T F S S
« Nov    
 12
3456789
10111213141516
17181920212223
24252627282930
31