Bea Bank Of East Asia Professional Writing

PAGES
5
WORDS
1637
Cite

In the case of ICBC's venture with the bank, "The transaction would mark the first purchase of a majority stake in a U.S. depository institution by a Chinese bank. If completed, it may give financial firms in both countries greater access to each others' markets" (Campbell 2011). It may also stimulate BEA's desire to engage in similar partnerships with other institutions Thus, if a large corporation wished to purchase BEA outright, it should be aware of the roots that BEA has created internationally and its particular strengths in establishing connections with expanding enterprises in Mainland China. This would likely make BEA unwilling and able to resist a takeover or purchase. Its soaring stock prices make 'buying out' the company financially unfeasible. However, BEA's openness to advantageous partnerships, particularly outside of its core, regional base of the Pacific Rim might make it hospitable to working with other institutions. Purchasing specific branches in desirable components of BEA's empire could open up access to new markets and also generate new relationships with consumers who are drawn to BEA's Asian orientation and its diversity of financial services combined with its strong connections with China. But the agreement must be mutual,...

...

(2011). Banks Rating. Retrieved September 26, 2011 at http://www.banks-ratings.com/bea/
Bradsher, Keith & Heather Timmons. (2008). Anxious depositors withdraw cash from Asia banks. The New York Times. Retrieved September 26, 2011 at http://www.nytimes.com/2008/09/25/business/worldbusiness/25emerging.html

Campbell, Dakin. (2011). ICBC to acquire stake in BEA. Business Week. Retrieved September

26, 2011 at http://www.businessweek.com/news/2011-01-21/icbc-to-acquire-stake-in-bank-of-east-asia-network.html

HK's Bank of East Asia posts record after-tax profit for 2010. (2011). Lonely Planet.

Retrieved September 26, 2011 at http://english.people.com.cn/90001/90778/90860/7288667.html

McDonald, Joe. (2011). World Bank: East Asia growth strong, faces risks. AP

Retrieved September 26, 2011 at http://finance.yahoo.com/news/World-Bank-East-Asia-growth-apf-4170832665.html?x=0

Wei, Lingling. (2011). China bank moves to buy U.S. branches. Forbes. Retrieved September 26, 2011 at http://online.wsj.com/article/SB10001424052748704754304576096002767228880.html

Sources Used in Documents:

References

Bank of East Asia. (2011). Banks Rating. Retrieved September 26, 2011 at http://www.banks-ratings.com/bea/

Bradsher, Keith & Heather Timmons. (2008). Anxious depositors withdraw cash from Asia banks. The New York Times. Retrieved September 26, 2011 at http://www.nytimes.com/2008/09/25/business/worldbusiness/25emerging.html

Campbell, Dakin. (2011). ICBC to acquire stake in BEA. Business Week. Retrieved September

26, 2011 at http://www.businessweek.com/news/2011-01-21/icbc-to-acquire-stake-in-bank-of-east-asia-network.html
Retrieved September 26, 2011 at http://english.people.com.cn/90001/90778/90860/7288667.html
Retrieved September 26, 2011 at http://finance.yahoo.com/news/World-Bank-East-Asia-growth-apf-4170832665.html?x=0
Wei, Lingling. (2011). China bank moves to buy U.S. branches. Forbes. Retrieved September 26, 2011 at http://online.wsj.com/article/SB10001424052748704754304576096002767228880.html


Cite this Document:

"Bea Bank Of East Asia" (2011, September 27) Retrieved June 14, 2024, from
https://www.paperdue.com/essay/bea-bank-of-east-asia-45813

"Bea Bank Of East Asia" 27 September 2011. Web.14 June. 2024. <
https://www.paperdue.com/essay/bea-bank-of-east-asia-45813>

"Bea Bank Of East Asia", 27 September 2011, Accessed.14 June. 2024,
https://www.paperdue.com/essay/bea-bank-of-east-asia-45813

Related Documents
Apple Expansion into Myanmar
PAGES 11 WORDS 3643

Global Economic Conditions Apple operates in over 100 countries already, but there are still some markets available for the company. The one that has been chosen for the next international expansion in Myanmar. Apple already has a presence in most other Southeast Asian countries, but Myanmar has only recently become a democracy. It is a poor country, but relatively large, and is starting to see some strong economic growth. Foreign companies

Alexander's execution of his trusted general Parmenion and his son Philotas, and how it affected the remainder of Alexander's life, and his reign. ALEXANDER THE GREAT Alexander the Great was born sometime around July 20th, in 356 B.C., the son of Philip II of Macedon and Olympias, in Pella. As a child, the great philosopher and scientist, Aristotle, tutored him. His father was murdered in 336 B.C., and Alexander took the