BusinessBusiness

China Forgives CSFB

Just eight months after being blacklisted by the Chinese government for providing high profile support to Taiwan, CSFB has now won two deals in the country and the bank's problems with the Chinese look to be over.

The investment bank was dropped from the lucrative China Unicom telecom deal last year after it helped to organise an international roadshow for Taiwan officials in Europe in June last year.

In March, however, CSFB were co-underwriters of a $500m global bond issue and have now been given the mandate to help the state logistics business prepare for an overseas stock listing.

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