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Banking & Finance

CCB looking for risk officer

China Construction Bank, China's second-largest lender, is looking for a new chief risk officer and seeking another underwriter before its Hong Kong US$5bn IPO expected in October, the Financial Times reported. Bank of America and Temasek already have strategic stakes in CCB, and Credit Suisse First Boston has been in talks to buy a stake in the bank and to have an underwriting role.

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