WBC/SGB approved on condition
(27 October 2008 – Australia) Treasurer Wayne Swan has announced the approval of the Westpac/St George merger, with a few key conditions in place.After reviewing a number of […]
(27 October 2008 – Australia) Treasurer Wayne Swan has announced the approval of the Westpac/St George merger, with a few key conditions in place.After reviewing a number of […]
(15 October 2008 – Global) Morgan Stanley and Mitsubishi UFJ, after recently announcing an alliance, have confirmed an increased 21 percent ownership of Morgan Stanley for the Japanese […]
(9 October 2008 – Australia) CBA has announced that it will acquire BankWest and the St Andrew’s wealth and insurance business for A$2.1 billion.In addition to the A$2.1 […]
(8 October 2008 – USA) Both Citigroup and Wells Fargo have made recent announcements to rescue ailing bank, Wachovia, with the issue now before the courts.On the 29th […]
(2 October 2008 – USA) America’s largest bank is set to get even larger, with the announcement that it will take over the banking operations of the fourth […]
(1 October 2008 – UK) Troubled UK bank Bradford & Bingley has been part nationalised and partly sold to International banking group, Santander.The Bank of England announced that […]
(29 September 2008 – USA) Washington Mutual has been closed by the US Government and promptly purchased by JPMorgan for US$1.9 billion ($2.3 billion).JPMorgan Chase acquired the banking […]
(26 September 2008 – Global) Morgan Stanley, one of the two investment banks recently given holding company status, has formed a strategic alliance with Japan’s largest bank, Mitsubishi […]
(25 September 2008 – Europe) Japan’s Nomura Holdings, has reached an agreement to acquire the European and Middle Eastern equities and investment banking operations of Lehman Brothers.The deal […]
(25 September 2008 – Asia) Japanese bank Nomura Holdings has bought the Asian and Australian operations of Lehman Brothers.The acquisition includes the Lehman Brothers’ franchise in the Asia […]