Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  SHANGHAI STOCK EXCHANGE  >  Bank of China Ltd    601988   CNE000001N05

BANK OF CHINA LTD (601988)
Mes dernières consult.
Most popular
Report
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

Report: Bank of China to pay fine in Italy money-laundering

share with twitter share with LinkedIn share with facebook
share via e-mail
0
02/17/2017 | 08:08pm CET

MILAN (AP) — Italian media says the Bank of China has agreed to pay a 600,000-euro ($640,000) fine as part of a plea deal in a 4.5-billion-euro money laundering probe.

The news agency ANSA reported that at a preliminary hearing on Friday, a judge also convicted four bank officials of money-laundering, while dropping an aggravating charge of employing Mafia methods, and handed down suspended two-year sentences.

The judge also ordered the seizure of 980,000 euros, ANSA said, a sum equal to what prosecutors say were the bank's profits in the scheme.

The Bank of China said the plea deal was aimed at "avoiding a long trial and allowing the Milan branch to concentrate on developing its own business." It said the Milan branch had respected national and international laws.

Copyright 2017 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed., source Associated Press News

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on BANK OF CHINA LTD
12/13 BANK OF CHINA : KIZAD to serve as launch pad for Bank of China's continued expan..
12/12 BANK OF CHINA : Huawei begins construction of national fibre-optic network
12/10 BANK OF AMERICA : Ameriabank named "Bank of the Year 2017" in Armenia by The Ban..
12/08 IN BRIEF (Page 24)
12/07 BANK OF CHINA : HCM City hosts forum to boost capital flows from China
12/04 Bank of China opens branch in Angola
12/04 BANK OF AMERICA : Ameriabank Wins Bank of the Year Award by The Banker
12/03 Bank of China chief stresses Mediterranean region's importance in Belt and Ro..
12/02 Bank of China receives license to operate in Turkey
12/02 BANK OF CHINA : Oldest Chinese bank obtains license to open branch in Turkey
More news
News from SeekingAlpha
12/07 CHINA MINSHENG BANK : Negatively Impacted By Weak Asset Quality And Margin Press..
11/22 The Rise Of Asia's Banking Cartels
08/30 Bank of China, Ltd. ADR 2017 Q2 - Results - Earnings Call Slides
05/10 Sifting The Price Difference Between A Shares And H Shares (AH Premium) For V..
04/28 Bank Of China Appears Undervalued--But There Is A Catch
Financials ( CNY)
Sales 2017 486 B
EBIT 2017 278 B
Net income 2017 162 B
Debt 2017 99 714 M
Yield 2017 4,45%
P/E ratio 2017 6,66
P/E ratio 2018 6,29
EV / Sales 2017 3,00x
EV / Sales 2018 2,77x
Capitalization 1 357 B
Chart BANK OF CHINA LTD
Duration : Period :
Bank of China Ltd Technical Analysis Chart | 601988 | CNE000001N05 | 4-Traders
Technical analysis trends BANK OF CHINA LTD
Short TermMid-TermLong Term
TrendsBearishBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 21
Average target price 4,52  CNY
Spread / Average Target 16%
EPS Revisions
Managers
NameTitle
Si Qing Chen Chairman
Xi Quan Wang Chairman-Supervisory Board
Qing Song Zhang Chief Information Officer & Executive VP
Wan Ming Liu Member-Supervisory Board
Zhi Ying Deng Member-Supervisory Board
Sector and Competitors
1st jan.Capitalization (M$)
BANK OF CHINA LTD13.95%207 097
JP MORGAN CHASE & COMPANY22.76%366 472
INDUSTRIAL AND COMMRCL BANK OF CHINA LTD33.33%306 149
BANK OF AMERICA30.23%301 862
WELLS FARGO7.71%290 104
CHINA CONSTRUCTION BANK CORPORATION28.49%231 670