Stan Chart takes stake in Chinese bank
(6 September 2005 – China) Standard Chartered is finally set to invest US$123 million for a 19.99 percent stake in China’s Bohai Bank.The deal, which has been on […]
(6 September 2005 – China) Standard Chartered is finally set to invest US$123 million for a 19.99 percent stake in China’s Bohai Bank.The deal, which has been on […]
(31 August 2005 – New Zealand) ANZ National Bank has recorded an operating profit of NZ$235 million excluding integration costs and goodwill amortisation for the June quarter.The result […]
(22 August 2005 – Australia) Queensland based building society Mackay Permanent has posted a 14 percent drop in net profit despite selling its share of ATM provider Cashcard […]
(22 August 2005 – China) Royal Bank of Scotland has finally acquired a 10 percent stake in Bank of China following months of dialogue between the two parties.RBS […]
(17 August 2005 – China) ANZ is gearing up to take another stake in the Asian banking markets with the Australian bank reportedly set to buy into Shanghai […]
(16 August 2005 – UK) Macquarie Bank could be part of a consortium that takes over the London Stock Exchange (LSE).The Australian investment bank is reportedly willing to […]
(8 August 2005 – USA) Citigroup chief executive Chuck Prince has said the bank will make further acquisitions in developing markets with Asia, Latin America and Eastern Europe […]
(5 August 2005 – USA) HSBC Finance unit has snapped up US based Metris for US$1.59 billion to bolster the bank’s position in the US credit card market.The […]
(5 August 2005 – China) French bank BNP Paribas has ruled out making a major investment in one of China’s larger banks but said it would consider taking […]
(27 July 2005 – China) Australia’s Macquarie Bank has sunk US$93 million into a syndicate that is buying a portfolio of shopping centres in China.The investment bank will […]