Excerpts: Foreign Private Equity Investors in China That competition ranges from small PE firms and funds like Hopu, founded by Goldman Sachs China financial wizard Fang Fenglei, which just invested around US$800 million (of the US$2.5 billion it raised from overseas investors) in dairy giant Mengniu and is also planning to raise a domestic PE […]
John Langlois
Excerpts: Foreigners Become Bank Heads The China Banking Regulatory Commission (CBRC) has approved the appointment of John Langlois and Jeffrey Williams to lead the Shenzhen Development Bank, the Shenzhen-listed bank announced on Friday. Langlois, a former Morgan Stanley banker in China, will represent Newbridge Asia AIV as the chairman of the Shenzhen-based lender. Newbridge, a
Excerpt: Americans named to head Chinese bank The appointment of incoming chairman John Langlois, a Morgan Stanley officer in China, comes as part of a transfer of a nearly 18 percent stake in state-owned Shenzhen Bank to U.S. firm Newbridge Capital Ltd. Both men have considerable experience with the Chinese banking industry. Williams opened Citigroup
Excerpts: Morgan Stanley’s Langlois May Get U.S. Treasury Post in China John Langlois, a Morgan Stanley banker in China, is a leading candidate to become the U.S. Treasury’s attaché in Beijing and help the country take steps to end its currency’s peg to the dollar, a person familiar with the matter said. U.S. Treasury Secretary
Excerpts: Morgan Stanley: What Great Wall? The China Construction Bank is asking the government for “trial permission” to sell the debt at less than par value, says John Langlois, president of Morgan Stanley Properties (China). Assuming that problem is worked out, the venture will be set up as a 70%-30% joint operation, with Morgan Stanley