The Italian American company Fiat Chrysler and the French PSA group that owns Peugeot and Citroen have confirmed a merger that would create the world's 4th largest carmaker.
A potential customer at a bank branch will be offered a suite of products, which will include those designed and branded by the joint ventures, but also those designed solely by the bank.
As part of the Power Africa initiative, the Ethiopian government recently entered into an agreement with an American-Icelandic company, Reykjavik Geothermal, to construct a 1000 megawatt power plant.
In 1995 CCB and Morgan Stanley, another Wall Street bank, set up CICC; in 2004 Goldman was allowed to establish the first foreign securities joint venture.
It has announced a joint venture with SWIFT, an interbank-messaging system used for cross-border payments. Sweden, another champion, has extended its pilot project.