Barclays picks off Lehman
(19 September 2008 – Global) British bank Barclays has agreed to purchase parts of Lehman Brothers, the US investment bank that has filed for Bankruptcy.While Barclays was in […]
(19 September 2008 – Global) British bank Barclays has agreed to purchase parts of Lehman Brothers, the US investment bank that has filed for Bankruptcy.While Barclays was in […]
(19 September 2008 – UK) Lloyds TSB, the fourth largest UK bank, has agreed to takeover the UK’s fifth biggest, troubled bank HBOS for £12.2 billion (A$27 billion).The […]
(16 September 2008 – USA) Bank of America has announced that it will acquire troubled US investment bank Merrill Lynch for US$50 billion (A$63 billion).Bank of America Corporation […]
(9 September 2008 – Australia) Westpac and St George banks have announced a revised merger proposal involving a higher dividend, which has received both St George board and […]
(8 September 2008 – Australia) The Royal Bank of Scotland (RBS) has announced that in absorbing ABN Amro Australia, the ABN head will leave the bank and a […]
(2 September 2008 – Europe) Germany’s Commerzbank has agreed to acquire Dresdner Bank from Allianz for A$17 billion.The purchase of Dresdner, the third largest private bank in Germany, […]
(15 August 2008 – Australia) The Australian Competition and Consumer Commission has announced that it will not oppose the merger between Westpac and St George banks.The Australian Competition […]
(13 August 2008 – Australia) Commonwealth Bank has announced that it has withdrawn from discussions to acquire ABN Amro Australia.Only last month, CBA announced that it was in […]
(25 July 2008 – Australia) The ACCC has given preliminary approval to the Westpac and St George merger proposition before its final decision on August 20.In a Statement […]
(25 July 2008 – Australia) The Commonwealth Bank has revealed that it is in discussion to buy ABN AMRO Australia after rival NAB pulled out of the race.CBA […]