Bank of China IPO

What do UBS, Singapore's Temasek Holdings and the Royal Bank of Scotland Group have in common?

Together, they hold a $5.1 billion stake in the Bank of China.

Despite its history of problem lending and scandals - its former chairman and president, Wang Xuebing, is serving a 12-year prison term for taking bribes, a former president of its Hong Kong branch was given a suspended death sentence for embezzlement and two former branch managers are facing trial in Las Vegas for alleged embezzlement and money laundering - I'll say they have had problems...

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