China Practice — Banking and Bank Regulatory Matters

Our China Team lawyers have served as counsel on a number of banking and bank regulatory matters throughout the Asia-Pacific region, including:

• Construction Bank of China and Bank of China in investigating fraudulent investment and lending activities in various foreign branches and implementing successful funds-recovery programs.
• The independent members of the board of directors of a major Chinese commercial bank in the investigation of alleged fraudulent activities in relation to the bank's initial public offering of shares.
• A major Swiss bank in several banking transactions in China, including:
  • a comparative analysis of alternative structures—including post-merger regulatory and compliance requirements—for merging its two Chinese operating entities, and
  • due diligence and structural advice on a proposed acquisition of a foreign-owned bank incorporated and operated in China.
• The Asian Development Bank in establishing the first joint venture bank in China (Fujian Province).
• China Construction Bank in obtaining New York and Hong Kong branch licenses (as part of the Hong Kong branch license, China Construction Bank took over a small Hong Kong deposit-taking company as required for foreign banks seeking to establish branches in the United States and Hong Kong).
• Dao Heng Bank in acquiring Hong Kong Industrial & Commercial Bank.
• The controlling shareholder of a blue-chip company in Hong Kong in the proposed acquisition of a strategic stake in a Chinese merchant bank.
• The "London Club" of more than 60 commercial banks in a series of "jumbo loans" of more than $1.5 billion of U.S. dollar- and yen-denominated sovereign debt extended to the Republic of Indonesia.
• China Construction Bank and the Beijing Organizing Committee for the 2008 Olympic Games in structuring project financing for various stadiums and related infrastructure projects.