KFB deal finalised as Standard Chartered eyes growth in South Korea
(18 April 2005 – South Korea) Standard Chartered has completed the acquisition of Korea First Bank for US$3.3 billion and said it aims to significantly grow its position […]
(18 April 2005 – South Korea) Standard Chartered has completed the acquisition of Korea First Bank for US$3.3 billion and said it aims to significantly grow its position […]
(12 April 2005 – China) Royal Bank of Scotland is reportedly in discussions with Bank of China with a view to taking a 15 to 20 percent stake […]
(4 April 2005 – Australia) ANZ has scrapped plans to merge its trustee business with Australian wealth management and estate services firm, Equity Trustees.The merger had been announced […]
(11 April 2005 – Australia) Two of Australia’s peak financial services bodies, the Australasian Institute of Banking and Finance (AIBF) and the Securities Institute of Australia (SIA), could […]
(29 March 2005 – China) ING has become the latest foreign financial services organisation to position itself for the opening up of China’s banking markets, taking a 19.9 […]
(29 March 2005 – Vietnam) ANZ has taken a 10 percent stake in Vietnamese private commercial bank, Sacombank for A$35 million.The stake forms part of an alliance with […]
(23 March 2005 – India) Commonwealth Bank chief executive David Murray said the bank was currently exploring India with a view to making a purchase at some stage.Murray […]
(21 March 2005 – Australia) Financial services company Challenger has inked a deal with HSBC to buy the bank’s funds management business for A$21.9 million.Challenger said the purchase […]
(18 March 2005 – USA) The US Federal Reserve has put the brakes on Citigroup’s expansion plans, saying the bank needs to address a number of regulatory and […]
(16 March 2005 – Australia) HSBC is in discussions with Australian financial services company Challenger that could result in the bank selling its asset management business.No other information […]