Head for the Bank of China Tower designed by China-born American architect IM Pei in 1990.
The Bank of China said it was cutting interest rates by 27 basis points, effective Oct. 9.
In the financial sector, Bank of China rose 1.9% and New China Life Insurance rallied 3.3%.
The Bank of China made the announcement in a statement but did not provide further details.
She has worked with both the Agricultural Bank of China and the Bank of China (BACHY).
The Bank of China has been hit with a suit for financing mislabeled mushrooms.
Youngman and the Bank of China will own just under 50 percent of the company.
For instance, Bank of China has moved past Germany's HSH Nordbank AG, the Trepp data show.
Agricultural Bank of China and the Bank of China have also raised money recently.
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Even Agricultural Bank of China, traditionally the weakest of the quartet, had a 1.34% ratio.
Singapore has stakes in banks like Standard Chartered, Barclays, even Bank of China and China Construction Bank.
Meanwhile, the Beijing-based Bank of China said it was halting transactions from North Korea's Foreign Trade Bank.
The state-owned Bank of China just opened the first U.S.-branch savings account denominated in Chinese yuan.
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Under the new deal, the Bank of China will replace Chinese investor Pang Da Automobile Trade Co.
Among banks, China Citic Bank Corp. fell 1.4%, and Bank of China Ltd. shed 1% in Shanghai.
Starting late last year, Bank of China began to experiment with converting its property loans into securities.
On one side of the discussion is the People's Bank of China (PBOC), the country's central bank.
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Bank of China, 70% owned by the Chinese government, has branches at 45 Rockefeller Plaza, 535 Madison Ave.
China Construction Bank jumped 2.6% in Hong Kong and Industrial and Commercial Bank of China ended up 2.7%.
As many as 85% of urban Chinese families own property, according to the People's Bank of China report.
Bank of China's interest in securitization coincides with an unprecedented start to the year for the commercial-mortgage-bond market.
Bank of China, the country's biggest foreign-exchange lender, which hopes to follow in 2005, could be even bigger.
The H-shares of Bank of China in Hong Kong rose 0.5% to 3.71 Hong Kong dollars (48 cents).
Together with Japan's central bank, the People's Bank of China financed half of America's current-account deficit last year.
Representatives from Chetrit and Bank of China didn't respond to requests for comment.
Bank of China led the way, posting a 16.6% increase in net profits over the same quarter last year.
The fund has held the Industrial and Commercial Bank of China since inception and recently added to their position.
The move by Bank of China may also reflect risk management by the bank itself rather than bigger diplomatic motives.
Bank of China's move comes at a time of U.S. pressure on China to let its currency rise in value.
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