Shanghai, November 4, 2008—China Minsheng Bank’s investment in UCBH Holdings has been named “China Cross-Border Deal of the Year” at the Asia M&A Atlas Awards. Shearman & Sterling advised China Minsheng Bank on the US$195 million investment.

The China Minsheng Bank Investment is a landmark deal, marking the first successful strategic investment in a U.S bank holding company by a Mainland Chinese bank. The M&A Atlas awards, presented annually by Global M&A Network, acknowledges notable and distinct accomplishments in mergers, acquisitions, alternative investing and related industries in the Asia-Pacific region.

Lee Edwards (Beijing-M&A) led the Shearman & Sterling team, working with partners Steve Sherman (San Francisco-Finance) and Brad Sabel (New York-Asset Management), as well as associates Ling Huang (Beijing-M&A), Chris Flood (Beijing-M&A), Rachel Gu (Beijing-M&A), Yongqing Huang (Beijing-M&A), Wayne Lee (Hong Kong-M&A) and David Swarthout (San Francisco-Finance Group).