The $1.5 billion leveraged buyout financing for MBK PartnersÆ purchase of China Network Systems will be one of the larger private-equity financings ever completed in Asia.
Concerns over aggressive growth in unsecured consumer loans prompt Fitch to lower its outlook for Taiwan's Chinatrust, Taishin banking groups and Far Eastern International Bank.
Not many banks are willing to offer trade finance without the security of a letter of credit. Chinatrust Bank steps up to the plate to offer multi-country financing for TradeCard members.