February 27th, 2008 by China Business Success Stories
According to the Financial Times, we all chose the wrong career when we decided to be makers, doers and helpers. The big money is in moving money around, and the best salary deals in China are being given to deal makers right now.
Local Chinese and international financial services companies have benefited from the recent opening of the market. The foreign companies have arrived at a good time, with huge volumes of cash sloshing around in unrewarding bank accounts, or lying under mattresses. It’s the perfect meeting of supply and demand.
Read the rest of “Skills Competition in China Finance” or post a comment >>
January 31st, 2008 by China Business Success Stories
When the China Industrial and Commercial Bank (ICBC) opened for public trading at the stock exchange end of October, the bank raised a total of USD 19.1 billion to start with, achieving the largest initial public offering ever. ICBC is now the top listed bank in Asia and the fifth biggest in the world.
Despite the enthusiasm created by ICBC’s listing, and the fact that international advisors such as Morgan Stanley are planning to add ICBC to its standard index soon, some analysts are still concerned about the basics and fundamentals of…
Read the rest of “China’s Banking Industry” or post a comment >>