- China Business Blog - http://www.chinabusinessservices.com -

A (China) Bonus For The Big Banks

As the big global banks are being bashed about the size of their bonuses, those that took a punt on big investments in their Chinese counterparts [1]seem to be queuing up to sell their stakes (which, unlike all those sexy subprime investments, have created some real value).

First to go was UBS, as reported in the Wall Street Journal [2]:

Bloomberg followed this up [3]on January 8th by reporting that:

Meanwhile, Chinese investments in foreign banks [4] have not been looking so good [5]…and it will be interesting to see the impact this has on China’s overseas direct investment strategy. More conservative, and more resources [6]?