05/31/2017

Deutsche Bank inks $3bn Chinese project finance deal

Deutsche, which opened its first overseas office in Shanghai in 1872, is one of several foreign banks seeking to bulk up its Asian operations and it is in the process of hiring a number of telecoms, media and technology bankers in the region.

05/31/2017

Barclays to sell £1.6bn stake in African unit

South Africa’s Public Investment Corporation, the manager of the government employee pension fund, was likely to be the largest buyer of the shares being sold, people familiar with the matter said.