Industrial & Commercial Bank of China Ltd., the world’s most profitable lender, agreed to pay about $765 million for 60 percent of Standard Bank Group Ltd.’s markets unit to expand in commodities and currency trading.
Standard Bank, based in Johannesburg, is also granting ICBC a five-year o
```
Members Only
Login or create an account to continue
This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.
New to BusinessDay? Register now and start reading.
```
BusinessDay
Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more
