DUBAI/WAM The UAE Year of Community 2025 has come to a close, successfully concluding its …
Read More »Postal Savings Bank’s capital feast masks profit famine
Bloomberg The Chinese bank with the biggest branch network in the country is pigging out on capital. Not only does Postal Savings Bank of China hope to scoop up at least $8 billion in an initial public offering this month in Hong Kong, it also plans to raise almost as much money by selling Tier 2 securities. Postal Savings …
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