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China’s ICBC Weighs Acquisitions in Middle East to Boost Profit
Industrial & Commercial Bank of China Ltd, the world’s most profitable lender, said it will consider acquisitions in the Middle East as part of plans to boost earnings from the region by 50 percent this year. “We’re looking to see if there are acquisition opportunities,” Zhou Xiaodong, chief executive officer…
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Click here to read the full story: Bloomberg Business Week