Wednesday, May 22, 2013 3:36 PM EST

China Construction Bank

Overview

China Construction Bank (CCB) SSE: 601939 SEHK: 0939 (simplified Chinese: 中国建设银行; traditional Chinese: 中國建設銀行; pinyin: Zhōngguó Jiànshè Yínháng; often abbreviated as 建行) is one of the 'big four' banks in the People's Republic of China. To date, it is ranked as the nation's second largest and the second largest bank in the world by market capitalization. The bank has approximately 13,629 domestic branches. In addition, it maintains overseas branches in Hong Kong, Singapore, Frankfurt, Johannesburg, Tokyo and Seoul, as well as a representative office in Sydney. In June 2009, CCB opened its New York Branch and a wholly-owned subsidiary in London. Its total asset reached 8.7 trillion RMB in 2009.

Headlines Around the Web

Chinese Move to Wealth Products May Undermine Bank Stability

Feb 17, 2012 - Business Week

Chinese Shift to Wealth Products Seen Undermining Bank Stability

Feb 17, 2012 - Business Week

China Banks Get Higher Grades Than Most U.S. Rivals by S&P

Nov 30, 2011 - Business Week

Chinese lender aims to secure Brazil foothold

Nov 21, 2011 - Financial Times

Temasek Said to Buy China Construction Bank Shares From BofA

Nov 17, 2011 - Business Week

Temasek Said in Talks to Buy Construction Bank Shares From BofA

Nov 16, 2011 - Business Week

Temasek syndicate buys BofA shares in CCB

Nov 16, 2011 - Financial Times

BofA Divests China Construction Bank Stake to Boost Capital

Nov 15, 2011 - Business Week

Asia Stocks to Watch: China’s CCB trades mixed after B. of A. share sale

Nov 15, 2011 - MarketWatch

BofA Divests Most of Remaining CCB Holdings to Boost Capital

Nov 15, 2011 - Business Week

Financial Stocks: Financial stocks lead broader market down

Nov 15, 2011 - MarketWatch

MarketWatch First Take: Moynihan sells B. of A.’s future with CCB

Nov 15, 2011 - MarketWatch

Bank of America to sell more China Construction stake

Nov 15, 2011 - France24

BofA Sells Most of Remaining CCB Stake to Boost Capital

Nov 15, 2011 - Business Week

Bank of America Sells Most of Its CCB Holdings to Boost Capital

Nov 15, 2011 - Business Week

China State-Bank Chiefs Quit Amid Speculation of Reshuffle

Nov 05, 2011 - Business Week

Earnings Results: Bank of America profit up on one-time gains

Oct 18, 2011 - MarketWatch

Bank of America swings to $6.2bn profit

Oct 18, 2011 - Financial Times

Chinese bank looks to open in Canada

Sep 29, 2011 - Financial Post

Temasek Buys China Construction Bank Shares for $2.8 Billion

Sep 06, 2011 - Business Week

Articles About China Construction Bank

Asian Markets on Edge Ahead of Fed Chairman Bernanke's Speech

By IBTimes UK

Markets awaiting Ben Bernanke's hints on Fed's bond-buying programme. (May 21)

MORE TOPICS: CHINA, FEDERAL RESERVE, GOLDMAN SACHS, WESTPAC, TOKYO STOCK EXCHANGE, AUSTRALIA

HSBC may cut 14,000 more jobs as revenue faces pressure

By Reuters

HSBC <HSBA.L> will redouble cost-cutting efforts, including axing up to 14,000 more jobs, but Europe's largest bank was forced to soften a key performance target in the face of muted revenue. (May 16)

MORE TOPICS: CHINA, BARCLAYS, HSBC, RETAIL, TELECOMS, MANAGEMENT

HSBC accelerates cost cutting in drive for profit boost

By Reuters UK

HSBC plans to cut annual costs by up to another $3 billion (2 billion pounds) and may axe a further 14,000 jobs as Europe's biggest bank strives to drive profits in the face of sluggish growth outside Asia. (May 15)

China Investment and Industrial Output Growth Miss Forecasts

By IBTimes UK

China's urban fixed asset investment rises to 20.6%, compares with the prediction of 21% growth. (May 13)

MORE TOPICS: CHINA, RETAIL SALES, RETAIL, INVESTMENT

Japanese stocks continued their rally on 13 May

Asia Markets Outside Japan Retreat on Cautious Trades

By IBTimes UK

Most Asian markets fall but Japanese stocks buck the trend on weak yen. (May 13)

MORE TOPICS: CHINA, GOLD, DOW JONES, HANG SENG INDEX, TOKYO STOCK EXCHANGE, RETAIL SALES

HSBC boss can do more to cut bank down to size

By Reuters

HSBC's <HSBA.L> <0005.HK> sale of a stake in a Korean insurer last month was made with little fanfare, just one of 52 deals struck or businesses closed in the last two years by Chief Executive Stuart Gulliver, and analysts are expecting more. (May 13)

MORE TOPICS: CHINA, HSBC, WELLS FARGO, RETAIL, MEXICO, MANAGEMENT

Global Markets Overview - 30 April 2013

By IBTimes AU

The S&P 500 added 11.37 points, or 0.7%, to 1593.61, with all 10 sectors higher. It closed a hair above its record high of 1593.37, reached April 11. The tech oriented Nasdaq Composite Index rose 27.76 points, or 0.8%, to 3307.02, its highest level since 2000. (Apr 30)

MORE TOPICS: GOLDMAN SACHS, FTSE, HANG SENG INDEX, JAPAN, GOLD, COPPER, CHINA, GOLD, DOW JONES, JAPAN, MICROSOFT, FEDERAL RESERVE

Asian Markets Weekly Report: Nikkei Rises 4.3%, While China Down on Earnings Worries

By IBTimes UK

Most Asian markets end week's trading on a higher note with corporate earnings reports bolstering investor confidence. (Apr 27)

MORE TOPICS: CHINA, GOLD, UNEMPLOYMENT, HSBC, HANG SENG INDEX, WARREN BUFFETT, SAMSUNG

Shanghai in China Confirms Start of Carbon Emissions Trading in June (List of Initial Companies Named)

By IBTimes AU

China's financial centre Shanghai has confirmed it will start its carbon emissions trading this coming month of June. Although no specific date was provided, it made sure the system will be up and running before the month ends. (Apr 11)

MORE TOPICS: CHINA, MANUFACTURING, THAILAND, COPPER, MANAGEMENT

Booming inland provinces bolster China's top banks

By Reuters UK

China's top banks, led by Industrial and Commercial Bank of China Ltd <1398.HK>, reported benign bad-loan ratios as brisk lending in fast-growing inland regions countered souring loans to overheated sectors on the country's eastern coast. (Mar 27)

MORE TOPICS: CHINA, HANG SENG INDEX, MANUFACTURING, GDP, MANAGEMENT, INVESTMENT