Deutsche invests $330m in China's Huaxia

Deutsche Bank is leading a $330m (€270m) purchase of almost 14% of Huaxia Bank in its first investment in a Chinese bank.

UBS is understood to be advising Huaxia on the sale. Deutsche is understood to be using its own corporate finance team.

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JPMorgan to Pay $330 Million Over 1MDB TransactionsExternal link

JPMorgan to Pay $330 Million Over 1MDB Transactions