China Construction Bank (CCB) has its roots in development banking.

ECONOMIST: The developing world��s banks are flourishing

The diet continues at Bank of America, with the firm announcing Monday that it has agreed to sell the bulk of its remaining stake in China Construction Bank (CCB) to private investors.

FORBES: Bank Of America To Pocket $1.8B From China Construction Sale

Last week, Wang Hongzhang , the Chairman of China Construction Bank, the second-ranked Chinese bank by assets, said in an interview that CCB is shopping for an acquisition, most likely a bank in Europe with an international presence.

FORBES: China's Financial Institutions Expand Overseas