CSFB's China Unicom Incident Case Solution
The leading international investment bank was taken off the foreign underwriting team that would manage a pending share offering for China Unicom Group Ltd., the second biggest telecommunications firm in the Chinese Mainland in August 2001. Just two months before, CSFB was designated to take care of the U.S. part of that offering.Yet, after the bank hosted foreign investment "road shows" attended by senior government officials from Taiwan (including the finance minister), it was formally dropped from the China Unicom underwriter list. The event evoked criticism from authorities in Taiwan and America and prevalent action in investment banking circles as plans fell to host road shows for Taiwan.
This is just an excerpt. This case is about GLOBAL BUSINESS
PUBLICATION DATE: January 02, 2002 PRODUCT #: HKU187-HCB-ENG
CT #: HKU187-HCB-ENG