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A$10.8 billion IPO slated for Chinese bank
(20 June 2016 – China) China’s Postal Savings Bank (PSBC) may file for an initial public offering (IPO) of around US$8 billion (A$10.8 billion). Although the total size […]
(20 June 2016 – China) China’s Postal Savings Bank (PSBC) may file for an initial public offering (IPO) of around US$8 billion (A$10.8 billion). Although the total size […]
(30 May 2016 – Hong Kong) A regional Chinese lender is planning to raise around US$1.5 billion (A$2.08 billion) from an initial public offering (IPO) in Hong Kong, […]
(23 May 2016 – Australia) Two of Australia’s “Big Four” banks, along with Qantas have invested in a Sydney-based startup that has designed a allowing organisations and governments […]
(29 April 2016 – China) Chinese retailer, Alibaba’s financial services offshoot this week announced a US$4.5 billion (A$5.8 billion) capital raising round, placing the company’s value at around […]
(17 March 2016 – United Kingdom) Royal Bank of Scotland (RBS) has announced a cull of its investment banking division. The bank said around 450 jobs will disappear, […]
(29 February 2016 – China) Reports have emerged that a new US$100 billion (A$140 billion) bank for major emerging nations will sign agreements to establish its headquarters in […]
(19 February 2016 – Singapore) Moody's Investors Service says that last years' financial results for Singapore lenders Oversea-Chinese Banking Corp (OCBC) and United Overseas Bank Limited (UOB) show […]
(17 February 2016 – Indonesia) Indonesia’s government plans to form a holding company that will own shares in all state-controlled banks by 2018. The move seeks to increase […]
(9 February 2016 – Europe) European stock markets started the week poorly as investors cashed out of banking shares, with the finance sector hit hard. After a quiet […]
(21 January 2016 – Asia) Malaysia's second-largest bank CIMB Group announced a raft of job cuts in its Hong Kong investment banking and equities team. In total, 32 […]