Deutsche Bank får tillstånd att sälja Kina-innehav

Deutsche Bank AG är en tysk multinationell bankkoncern med säte i Frankfurt am Main. Deutsche Bank är Tysklands största kreditinstitut. Man har viktiga kontor i London, New York, Singapore och Sydney.

Hua Xia Bank (Chinese: 华夏银行) (SSE: 600015) is a publicly traded bank in the People's Republic of China. It is based in Beijing and was founded in 1992. Germany's Deutsche Bank holds 19.99% of the bank's shares as of 2010. In December 2015, it was announced that PICC P&C (SEHK: 2318) will acquire Deutsche Bank's entire stake in the bank for RMB23-25.7 billion. As of end of June 2012, Hua Xia Bank has in place a "hub-and-spoke" network of 33 tier-1 branches, 23 tier-2 branches, 12 cross-city sub-branches and 437 outlets in 68 major cities, and a settlement network of more than 1000 correspondent banks located in 320 cities across 110 countries and regions covering major global trade zones. In 2012 it ranked 97th by asset according to The Banker's Top 1000 World Banks ranking published in July. In 2011, it ranked 306th among Top 500 Chinese Enterprises, 96th among Top 500 Chinese Service Enterprises and 67th among Top 200 Chinese Enterprise Performance.

People's Insurance Company of China Holdings Company (Chinese: 中国人保控股公司) is a state-owned company in the People's Republic of China. The holding company promotes its subsidiaries, PICC Asset Management Company Limited, and PICC Property and Casualty Company Limited (PICC P&C) (中国人民财产保险股份有限公司). PICC P&C is China's largest insurer of casualty insurance. It is licensed to provide all major lines of insurance except life insurance. PICC P&C was established in 2002 from the former property and casualty insurance division of the PICC, which, divested of insurance responsibilities, re-organized itself into PICC Holding Company. PICC P&C is the designated agent within the People's Republic of China for most international insurance companies. PICC has branch offices in London and New York. PICC is the majority shareholder in PICC (HK) Company Limited, which opened in Hong Kong in 2002. It is listed on the Hong Kong Stock Exchange under the ticker symbol 2328. SEHK: 2328 In 2005, PICC announced a joint venture with Sumitomo Life Insurance Co. (住友生命保険相互会社) called PICC Life Insurance Co. (中国人保寿险有限公司). The new company will sell insurance products, including savings-oriented endowment insurance policies. Through direct and indirect holdings, 19.8% of PICC's stock is owned by American International Group (AIG).