Bing Wang, executive vice president of CCB and Bing Li, Bloomberg’s head of APAC, signed the MOU on behalf of their companies.
Bloomberg says it has been an enterprise technology provider to CCB for more than a decade, with financial data, analytics and electronic trading solutions. Through the deepened relationship, CCB will explore working with Bloomberg to further enhance capabilities in serving global investors, risk management, green finance, and industry research, added the publisher.
Tian Guoli, chairman of CCB, said: “Bloomberg is a world leading provider of financial information services. CCB has been actively building a bridge to provide cross-border financial services for customers. Both firms have maintained good collaboration over the years and hope to extend that collaboration, utilizing expertise to seize the opportunities of China’s capital markets opening-up and in the global markets.”
“Firms like China Construction Bank play an important, growing role in global financial markets,” said Michael R. Bloomberg, founder of Bloomberg LP. “We’re glad to build on our strong and longstanding relationship with CCB, working together to serve even more customers worldwide.”
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