Chinese banks fuel expansion overseas in succession due to a profit slowdown rooted from the domestic economic downturn. For an example, Bank of Communications (BoCom, SEHK: 3328 and SHSE: 601328), the fifth-biggest commercial lender ...
Tags: economy, China Banks, Fueling Expansion
Companies should be using the high dollar as an opportunity to invest in businesses offshore, says Francesco de Ferrari, a senior private banker with Credit Suisse. "Big companies should go on a shopping spree. The entrepreneurs get it ...
Tags: Credit Suisse Banker, economy
Chinese telecom equipment and network solution provider Huawei Technologies Co., Ltd. will not debut on the stock market within five to ten years. The Shenzhen-based firm was brought under the limelight owning to problems regarding to ...
Tags: Computer Products, Electrical, Electronics
Bebe stores, inc. announced that it has promoted Liyuan Woo to the position of Chief Financial Officer (“CFO”). Ms. Woo, who currently serves as the Company’s Principal Accounting Officer and Vice President-Corporate ...
Tags: Bebe stores, Apparel
Chemical Marketing and Economics (CM&E), the business and investment group of the American Chemical Society’s New York Section (ACS NY), has awarded Marcelo Odebrecht, president and CEO of Odebrecht S.A., has been honored with the ...
Tags: CM&E Group, Construction
The corporate regulator has appointed a senior executive of Macquarie Group to fill one of its top posts amid a recent history of high-profile actions against the country's biggest home-grown investment bank. Cathie Armour, an executive ...
Tags: Macquarie Guru, Armour
The economic recession has had a dismal effect on men's and boys' apparel wholesalers; however, revenue will rebound as the economy recovers. The Great Recession had a dismal effect on the US economy, including the Men's and Boys' Apparel ...
Tags: Apparel Wholesalers, Apparel
Heffernan Insurance Brokers, a US based independent insurance brokerage, has promoted Jennifer Mahoney to the position of chief operating officer (COO). In her new role, Mahoney is expected to manage corporate governance, contracts, ...
A dessert manufacturer is building a 2.5M factory in Cumbria that will create 50 jobs to cater for the growing trend for miniature desserts. Shot glass portions give customers a quick hit of indulgence "Everything's going miniature," ...
Tags: Dessert maker, Dessert, dessert manufacturer
Wells Fargo Insurance, part of Wells Fargo & Company, has appointed Richard Colton as the new head of its mergers and acquisitions (M&A) industry practice operations. Having 30 years of industry expertise, Colton will work closely with ...
INVESTMENT banks, suffering the softest period for takeover completions in almost a decade, are facing the prospect of another weak year of deal-making as companies remain cautious and shy away from big mergers and acquisitions. In ...
Tags: M&A, Downward Spiral, economy
After the quietest year for mergers and acquisitions last year since the global financial crisis, bankers and lawyers are hoping deals in their pipelines will soon come to market and lift volumes. However, activity this year is down more ...
Tags: financial, Australian dollar, dollar
Mergers and acquisitions advisor in the US Generational Equity has announced the acquisition of the assets of Packaging Solutions in Johnsonville, South Carolina, US by Sunbelt Packaging for an undisclosed value. Generational Equity ...
The food industry’s biggest ever takeover was announced over the past month with the sale of Heinz to a consortium led by the sage of Omaha, Warren Buffett, and Brazilian private equity specialist Jorge Lemann’s 3G Capital group ...
Checkpoint Systems, Inc. announced the appointment of Marc T. Giles to its board of directors, effective immediately. Mr. Giles spent most of his career with industrial technology companies beginning in sales and marketing before ...
Tags: Checkpoint Systems, appointment, Marc T.Giles, BoD