China Merchants Bank’s chairman and CEO had headed CMB through a decade of accelerated development, implementing two transformations to save lots of capital, develop culture and serve the financial needs of China's new companies and consumers.
Despite successes, nevertheless, the capital constraint of CMB was bitter along with the stock exchange penalizing the investors of CMB. Slower national growth, surged government regulation and an uncertain international market regulation raised the challenge facing the chairman: to set CMB's future strategy.
PUBLICATION DATE: July 23, 2014 PRODUCT #: W14297-PDF-ENG
This is just an excerpt. This case is about FINANCE & ACCOUNTING
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