Delfeld, Carl
September 2006
Forbes Asia;9/18/2006, Vol. 2 Issue 15, p100
The article offers reflections on the decision of Bank of America to sell its retail and commercial franchise Bank of America Ltd. to China Construction Bank in 2006. As part of the deal, Bank of America agreed not to compete on its own in mainland China. Instead of leveraging its significant base in Hong Kong, China to build a brand and base in China, it will fade into obscurity.


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