Banks' overseas M&A challenges outlined

Chinese banks have good reasons to venture abroad but face a range of challenges, so they need to be selective as they pursue cross-border merger and acquisition deals.

• Huawei puts terminal unit sale on hold
• Regulator approves merger of China Unicom and China Netcom
• China needs to expand foreign investment scale
• Beijing to invest 7b yuan in quake-hit province
• Standard Chartered to launch private banking in 4 cities
• China Merchants Bank opens New York branch