Scorpio Group, one of the world's biggest tanker and bulk operators, and China's Bank of Communications Co. have ordered five Triple E container vessels to be leased to Switzerland's Mediterranean Shipping Co.
To promote and deepen the banking-futures cooperation, on May 23, Dalian Commodity Exchange (DCE) and Bank of Communications Co., Ltd. (BOCOM) signed a strategic cooperation framework agreement in Dalian.
Under the agreement, with the...
Bank of Communications (OTC: BCMXY) reported a 7% increase in its 2013 net profit.
The bank's net profit for the period rose to 62.3 billion yuan ($10.2 billion), versus CNY58.37 billion, in the year-ago period. Analysts projected a profit of...
Bank of Communications Hong Kong branch raises a $700 million three-year senior unsecured note, becoming the first Asian financial institution to issue in 2014. But it has been a busy week for debt markets.
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