| Description |
1 online resource (xv, 320 pages) |
| Note |
Includes index. |
| Summary |
"Private equity deal making is often shrouded in secrecy. But one legendary dealmaker is happy to explain how a failing Chinese financial institution was transformed into a profitable one, without a single dollar of government support. During the Great Financial Crisis (GFC) of 2008, banks around the world, including in America, Britain, and Europe, were supported by government cash injections and guarantees. But there was one significant bank, deeply troubled before the GFC, that worked through that time to strength and success, without any government funding or financial guarantees. None. Where was this bank? In China. And, who controlled the bank and guided it during this extraordinary recovery? A US-based private-equity firm. How was all this possible? How was it possible that a US firm took on leadership of a Chinese bank? How did a good-sized national bank, troubled and weak before the GFC, become strong, healthy, and successful, without a single dollar of government support? How did the teamwork with Chinese regulators to implement a series of unprecedented steps? How did the private-equity process proceed, in China, once the bank was so successful, to realize very substantial benefits for its investors, in US dollars? And there's more -- all true, amazingly. A high-profile lawsuit filed in the US, involving a Chinese bank, a Taiwanese-=listed company, and of interest to the Chinese government at high levels. A board composed largely of Chinese businesspeople, with a US-based major shareholder and an American chairman, making rapid change"-- Provided by publisher. |
| Subject |
Shenzhen fa zhan yin hang.
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Banks and banking -- China -- Case studies.
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Banks and banking -- Foreign ownership -- Case studies.
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Bank management -- China -- Case studies.
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Private equity -- United States.
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Global Financial Crisis, 2008-2009.
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Banques -- Gestion -- Chine -- Études de cas. |
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Capital-investissement -- États-Unis. |
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Crise financière mondiale, 2008-2009. |
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Bank management |
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Banks and banking |
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Banks and banking -- Foreign ownership |
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Private equity |
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China |
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United States |
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Global Financial Crisis (2008-2009) |
| Chronological Term |
2008-2009 |
| Genre |
Case studies
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Case studies.
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Études de cas.
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| Added Title |
Trailblazing American venture in China |
| Other Form: |
Print version: Shan, Weijian, 1953- Money machine Hoboken, New Jersey : John Wiley & Sons, Inc., [2023] 9781394161201 (DLC) 2022049588 |
| ISBN |
9781394161218 electronic book |
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1394161212 electronic book |
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9781394161225 electronic book |
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1394161220 electronic book |
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hardcover |
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