Standard Chartered snaps up Korea First Bank
(14 January 2005 – South Korea) British bank Standard Chartered has enlarged its presence in Asia by purchasing Korea First Bank for US$3.3 billion.Standard Chartered reportedly outbid rival […]
(14 January 2005 – South Korea) British bank Standard Chartered has enlarged its presence in Asia by purchasing Korea First Bank for US$3.3 billion.Standard Chartered reportedly outbid rival […]
(16 November 2004 – South Korea) HSBC is reportedly close to acquiring Korea First Bank for about US$3.2 billion.HSBC is negotiating to buy the 49 percent of the […]
(12 October 2004 – South Korea) Foreign companies own more than 60 percent of South Korea’s banking shares and almost half of the country’s financial services businesses, according […]
(3 September 2004 – South Korea) The stoush currently taking place in South Korea between credit card issuers and retailers has heated up following one issuer’s decision to […]
(27 July 2004 – Asia) International banks could soon be chasing a slice of South Korea’s retail banking and asset management pie after the Financial Supervisory Service (FSS) […]
(25 May 2004 – Hong Kong) HSBC has reportedly opened discussions with China’s Bank of Communications with a view to securing a stake in what is the smallest […]
(16 March 2004 – Australia) Macquarie Bank’s Korean Road Infrastructure Fund (KRIF) has snapped up two infrastructure assets in South Korea.The fund has purchased a 99 percent stake […]
(2 March 2004 – Korea) Citigroup is set to buy South Korea’s sixth largest bank, Koram Bank, for US$2.7 billion.The move forms part of Citigroup’s quest for further […]
(13th January 2004 – South Korea) South Korea’s aspirations of becoming a major regional business centre have received a severe blow with the news that foreign investment dropped […]
(18th November 2003 – South Korea) HSBC and Standard Chartered are reportedly the keenest of four banks to bid for a 36.6 percent stake in South Korea’s Koram […]