Monday, September 29, 2008

I think it’s a chance you see only once a century

Bank of China says open to Wall Street buys

TIANJIN, China (Reuters) - Bank of China, the country's largest foreign-exchange lender, is open to buying into U.S. banks in the wake of the global financial crisis, a senior executive said on Sunday. Banking industry observers in China are torn over whether the fall in the share prices of many U.S. financial firms presents more of a risk or a buying opportunity.

Posted by malct @ 06:06 PM (574 views)
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