China’s biggest bank said Sunday it has received approval to buy a 20 percent stake in South Africa’s biggest lender, the latest big-ticket overseas expansion by Chinese investors.  The deal between state-owned Industrial & Commercial Bank of China Ltd. and Standard Bank Group Ltd. is one of China’s biggest foreign corporate acquisitions to date.

The statement did not provide financial details of the deal, which was announced last year, but the official Xinhua News Agency said it was worth $5.46 billion.  Most analysts will be watching this one closely.

Trump Entertainment Resorts Chief Financial Officer Dale Black Resigns Effective Dec. 14.  Casino operator Trump Entertainment Resorts Inc. said Monday Executive Vice President and Chief Financial Officer Dale R. Black has resigned to accept a similar position at another gaming company. Black’s resignation will become effective on or about Dec. 14, the company said in a filing with the Securities and Exchange Commission.

Trump Entertainment plans to identify potential succession candidates, but did not say when. Trump Entertainment shares dropped 25 cents, or 4.8 percent, to close at $4.92 after hitting a new low of $4.83 earlier in the session. Shares continued to fall in aftermarket activity, tumbling 82 cents, or 16.7 percent, to $4.10.  It will be interesting to see who takes his place.