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FDI Alerts
O: Origin, D: Destination, S: Sector
BoCom International in overseas expansion
December 22, 2009
O: Hong Kong - D: Singapore, United States of America (USA) - S: Banking
- BoCom International (Asia) Ltd, a unit of Bank of Communications, is studying a plan to set up sales operations in Singapore, Europe and the United States by acquisition or recruitment.
- The investment banking unit of China's fifth-largest lender is also exploring opportunities to form a securities joint venture in China, BoCom International Managing Director Simon Hua told Reuters on Tuesday.