 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
Rothschild finance company says Bank of China buys stake
Paris (AFP) Sept 18, 2008 Bank of China has taken a one-fifth share in the Edmond de Rothschild Finance Company for 236 million euros (342 million dollars), a spokesman for the European banking group told AFP on Thursday. Bank of China, one of the four major Chinese banks, also acquired a further 10 percent stake through the issue of new shares in the Rothschild wealth management company. Rothschild's French holding firm, the Saint-Honore Finance Company, will retain a majority stake, the spokesman said. He said the new move would "open up the whole Bank of China network." Related Links The Economy
Analysis: Germany's financial crisis
Berlin (UPI) Sep 17, 2008 Despite official statements of reassurance, Germany's economy will take a beating because of the U.S. financial crisis. |
|
|
| The content herein, unless otherwise known to be public domain, are Copyright Space.TV Corporation. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space.TV Corp on any Web page published or hosted by Space.TV Corp. Privacy Statement |
