Acquisitions key to Citigroup growth
(15 March 2006 – USA) Citigroup is targeting acquisitions in Europe and Asia to boost growth of its consumer division.The bank’s chief executive of its international consumer business, […]
(15 March 2006 – USA) Citigroup is targeting acquisitions in Europe and Asia to boost growth of its consumer division.The bank’s chief executive of its international consumer business, […]
(10 March 2006 – Thailand) Singapore’s DBS bank has postponed plans to extend its stake in Thai Military Bank because of the current wave of protests against Thailand’s […]
(10 March 2006 – Europe) Dutch banking giant Rabobank bettered expectations for 2005, delivering a net profit of 16 percent after targeting 12 percent growth at the start […]
(27 February 2006 – India) HSBC has sold a 3.9 percent stake in India’s UTI Bank in order to meet central bank requirements on foreign ownership.India passed a […]
(21 February 2006 – Australia) National Australia Bank will sell its MLC life insurance businesses in Hong Kong and Indonesia to AXA Asia Pacific for A$575 million.NAB managing […]
(6 February 2006 – UK) UK financial services watchdog the Office of Fair Trading (OFT) has given the green light to Macquarie Bank’s attempt to acquire the London […]
(31 January 2006 – New Zealand) National Australia Bank has completed the sale of BNZ Investment Management Ltd to Assure New Zealand Ltd, which is a wholly owned […]
(30 January 2006 – India) Singapore’s DBS has taken a 37.5 percent stake in India’s Cholamandalam Investment and Finance Company in a bid to push into India’s consumer […]
(24 January 2006 – Taiwan) GE Consumer Finance is set to take a 10 percent stake in Taiwan’s Cosmos Bank for US$86 million with the aim of increasing […]
(24 January 2006 – USA) Bank of America chief executive Kenneth Lewis said the bank is putting the thought of making further acquisitions on the back burner for […]